Which of the following statements best describes the distinction between production management and operations management?
A) Production management involves activities managers perform to help create services while operations management involves the activities managers perform to produce goods.
B) Production management involves activities managers perform to obtain physical resources while operations management involves the activities managers perform to obtain the financial resources.
C) Production management involves activities managers perform to help create goods while operations management is a term that involves the activities involved in producing services as well as goods.
D) Production management involves activities managers perform to help create intangible products while operations management involves the activities managers perform to produce tangible products.

Question

Quizplus · Accepted Answer

In the past, the term production management was used to describe all the activities managers do to help their firms create goods (tangible products). However, now that the service sector has become dominant in the U.S. economy, a newer term, operations management, is used to reflect the fact that managers perform these activities to help firms create services (intangible products) as well as goods.

Which of the Following Statements Best Describes the Distinction Between