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Typical operations management decisions address all of the following EXCEPT:
A) executive compensation.
B) workflows.
C) inventories.
D) facilities.
E) resource acquisition.
Operations Management
Is the process of managing productive systems that transform resources into finished products or services.
Executive Compensation
Refers to the financial payments and other benefits such as bonuses, shares, and options provided to high-level management and executives in a company.
Workflows
The sequence of processes through which a piece of work passes from initiation to completion in a business or system.
- Understand the linkage between the efficiency of operations, productivity rates, and obtaining a competitive advantage.
- Comprehend the persistent improvement mechanisms in organizations and their contribution to achieving operational distinction.
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Learning Objectives
- Understand the linkage between the efficiency of operations, productivity rates, and obtaining a competitive advantage.
- Comprehend the persistent improvement mechanisms in organizations and their contribution to achieving operational distinction.
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