Which of the following statements is true:
a. Finance and aecounting are more complex in an SME than in a
large publie company
b. Operations includes both goods and services
c. HRM is less formal in large, hierarchical organizations
d. R&D takes place in a specific department dedicated to
innovation
Ans b. Operations includes both goods and services
Operations includes both goods and services. Goods can be like clothes, accessories, phone etc , services can be like consultancy, professional service etc
Which of the following statements is true: a. Finance and aecounting are more complex in an...
QUESTION 25 Which of the following statements is true about the concept and discipline of operations management? Operations management is building strategic, long-term relationships with suppliers and customers. Finished products of the business can be identified as important inputs into an operations management system. Operations management is more of a multi-firm (i.e. multi-business) concept than a single-firm concept. Operations management concerns the design, direction, control and improvement of processes that transform inputs into finished products and...
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