<span>Operational management manages activities that are involved in creating value by producing goods and services and distributing them to customers.
</span>Effectiveness is a term used in operational management to describe using resources to create value by providing customers with goods and services that offer a better relationship between price and perceived benefits.
Answer:
The incorrect statement is number (3): Workers are viewed like machinery, needed to get the job done, nothing more.
Explanation:
Lean production or Lean Manufacturing is a method of work organization that focuses on the continuous improvement and optimization of the production system by eliminating waste and all activities that do not add any value to the process. Its main purpose is to minimize the losses that arise in any manufacturing process and implement only those resources that are relevant.
<em>Lean production aims to boost employees' efficiency not necessarily automating their duties.</em>
It’s a I promise I did the test!!
The statement, "According to an SEC investigation, Computer Associates, one of the world's largest software companies, backdated contracts to boost the company's reported revenues. This is not prescribed as an ethical business practice." is True
.
Option a
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Explanation:
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To thrive in the competitive world of business one has to have ethics in doing business. By doing ethical practices in the business it will boost the image of the company before the customer and it will be helpful for them to compete in the market.
From the above statement even though it is the world's largest software company it has backdated the projects contracts period to show better performance in the revenues.
Even though the project are genuine but the moral responsibility in reporting revenues to the investors take taken a dent by doing an unethical thing.
