Question

Operations management encompasses all of the following EXCEPT:

A. buying materials.
B. capacity planning.
C. scheduling.
D. motivating employees and training.
E. preparing financial statements.

Answer 1

Operations management does not traditionally include preparing financial statements, which is usually handled by the accounting or finance department.

Step-by-step explanation:

Operations management includes a wide range of responsibilities that are crucial to the production process and service delivery within a company. It does not, however, traditionally encompass activities such as preparing financial statements; this is typically a role for the accounting or finance department. Operations management in businesses commonly involves buying materials, capacity planning, and scheduling, which are all key to ensuring that the production processes run smoothly and efficiently. Additionally, although operations managers may be involved in motivating employees and training them on operational procedures, these functions are more related to human resources management.