Question.5635 - Define and compare operations management (OP) with supply chain management (SCM). How are they related? Define and compare efficiency, effectiveness, and value. How are they related? How might they be in conflict? Why is the study of OPSCM important for every business student? Do you believe this? What are some of the current issues in OPSCM? Suggest others. Explain the differences in OPSCM to produce goods and those to produce services. Give some examples and an opinion of which is the most difficult to manage.
Answer Below:
I selected to answer question 1. Operation Management ( OM ) refers to a firm’s internal activities such as production planning, quality control, sche...
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