In operations management, _____ means using resources to create value by providing customers with goods and services that offer a better relationship between price and perceived benefits.
A) effectiveness
B) efficiency
C) throughput
D) productivity

Question

Quizplus · Accepted Answer

Effectiveness in operations management refers to creating value by providing customers with goods and services that offer a better relationship between price and perceived benefits.

In Operations Management, _____ Means Using Resources to Create Value