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Definition of

operations management

Operations & Production

overseeing of production processes the maintenance, control, and improvement of organizational activities that are required to produce goods or services for consumers. Operations management has traditionally been associated with manufacturing activities but can also be applied to the service sector.

Definitions of ’operations management’ and meaning of ’operations management’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’operations management’ and other financial terms with our online QFINANCE Financial Dictionary.

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