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Managing and supervising the conversion of inputs into outputs is the role of which function?
AFinancial management within the firm
BMarketing management within the firm
COperations management within the firm
DPersonnel management within the firm
Answer & Solution
Correct answer: C. Operations management within the firm
1. Production converts inputs into outputs, and someone has to manage that conversion.
2. Operations management is the management of the production process, and operations managers are the people charged with supervising the conversion.
3. Finance, marketing, and personnel all support production but none of them manages the conversion itself.
_Source: OpenStax Introduction to Business (CC BY 4.0), Ch 10 "Achieving World-Class Operations Management", section 10.1 Production and Operations Management_
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