5.1 The role of operations management

________: within a business context, ________ involves using the assets of the company efficiently to allow it to continue functioning profitability over time.

________: capacity of ecosystems to maintain their essential functions and processes, and retain their biodiversity in full measure over the long term.

not all of them operations management issues

capacity of ecosystems to maintain their essential functions and processes, and retain their biodiversity in full measure over the long term

ability of a community to develop processes and structures which not only meet the needs of its current members but also support the ability of future generations to maintain a healthy community

within a business context, economic sustainability involves using the assets of the company efficiently to allow it to continue functioning profitability over time

"Operations" or "operations management" is concerned with the use of resources called inputs land, labor and capital to provide outputs in the form of goods and services

3 production inputs

Capacity of ecosystems to maintain their essential functions and processes, and retain their biodiversity in full measure over the long term

Ability of a community to develop processes and structures which not only meet the needs of its current members but also support the ability of future generations to maintain a healthy community

Within a business context, economic sustainability involves using the assets of the company efficiently to allow it to continue functioning profitability over time