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Question 4 Operations Management Is the Set of Activities That Creates Value in the Form of Tangible Goods, Not Services, by

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Question 4 Operations management is the set of activities that creates value in the form of tangible goods, not services, by transforming inputs into outputs. True False 1

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4.1 (226 Votes)
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Caleb Veteran · Tutor for 12 years

Answer

FalseThe statement that operations management only produces tangible goods and not services is false. According to the defined scope and widespread acceptance, operations management encompasses the creation of value through tangible goods and intangible services alike by the transformation of inputs into outputs.

Explanation

## Step 1: Interpret the statementOperations management is described as a set of activities that convert resources into comprehensive goods and services, adding value to them. However, this statement proposes that this field only pertains to creating tangible goods.## Step 2: Reasoning based on the definition of Operations ManagementIt important to understand that operations management encompasses not just the production of tangible goods, but also intangible goods or services. ## Step 3: Apply industry examplesFor instance, airlines are a type of operation that convert resources such as planes, fuel, materials, and labor to provide a service: transporting people and cargo from one location to another.