Which of the following statements is a reason why operations management is important?
A)Efficient and productive operations drive the economic well-being of nations.
B)Operations management is responsible for much of the value created by organizations.
C)Operations management is a key source of competitive differentiation among firms.
D)All of these are reasons why operations management is important.

Question

Quizplus · Accepted Answer

Efficient and productive operations are crucial to the economic well-being of nations. Operations management is responsible for creating value for organizations through effective management of resources. Finally, operations management can provide a competitive advantage through innovation, quality, and cost-effectiveness. Therefore, all of these reasons make operations management important.

Which of the Following Statements Is a Reason Why Operations