Asked by Santosh Poudel on May 12, 2024
Verified
The operational approach to management focuses on improving efficiency and quality.
Operational Approach
A method or strategy applied in the functioning and management of operations within an organization to improve efficiency and effectiveness.
Efficiency
The ratio of the output to the input of any system, highlighting the ability to use the least amount of resources to achieve the highest amount of output.
Quality
The standard or measure of excellence of a product, service, or process, often gauged against customer expectations and industry benchmarks.
- Recognize the importance of efficiency and quality in operational approaches to management.
Verified Answer
MK
Milica KovacevicMay 18, 2024
Final Answer :
True
Explanation :
The operational approach to management aims to identify and implement processes that improve efficiency and quality in an organization's operations. It involves analyzing every aspect of the organization's processes to identify areas for improvement and uses performance metrics to assess the success of the improvements. Overall, the approach is geared towards maximizing productivity and minimizing waste while ensuring high-quality outputs.
Learning Objectives
- Recognize the importance of efficiency and quality in operational approaches to management.