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Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946

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BuyFindarrow_forward

Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946
Textbook Problem

Is it really necessary for service firms to engage in research and development? In planning for production and operations control?

Summary Introduction

To determine: Whether it is actually essential for service firms to engage in research and development and in planning for production and operations control.

Introduction: Operations management includes arranging, managing, and directing procedures, and makes essential upgrades for higher gainfulness. The modifications in the ordinary tasks need to help the organization's key objectives, so they are gone before by profound investigation and estimation of the present procedures.

Explanation

The reasons on whether it is really necessary for service firms to engage in research and development and in planning for production and operations control are as follows:

A service firm should participate in research and development programs to decide if the business the services th...

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