In operations management, _____ means completing tasks or producing products that create value.
A) effectiveness
B) efficiency
C) satisficing
D) expertise

Question

Quizplus · Accepted Answer

Effectiveness in operations management refers to producing products or completing tasks that create value for the customer or the organization. This means delivering products or services that meet or exceed customer expectations and achieve the intended business outcomes. Efficiency, on the other hand, refers to completing tasks or producing products with minimum resources or time. Satisficing refers to settling for a solution that is good enough, rather than seeking the best possible solution. Expertise refers to possessing specialized knowledge or skills in a particular area.

In Operations Management, _____ Means Completing Tasks or Producing Products