Operations management requires information that is more accurate and timely than strategic management.

Question

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Operations management involves the day-to-day activities and decisions that are crucial for the smooth functioning of an organization. To make these decisions, operations managers need access to accurate and timely information about various aspects of the business, such as inventory levels, production schedules, customer orders, and resource utilization. In contrast, strategic management deals with longer-term planning and decision-making that requires a broader perspective and may involve more uncertain or qualitative information. Therefore, operations management typically requires more detailed and precise data than strategic management.

Operations Management Requires Information That Is More Accurate and Timely