Final answer:
Finance is not one of the processes included in operations management. Operations management encompasses design, production, and delivery of goods or services, while finance deals with capital management and financial analysis.
Step-by-step explanation:
The correct answer is B. Finance. Operations management involves overseeing, designing, and controlling the process of production and redesigning business operations in the production of goods or services. It includes managing the design, production, and delivery processes to ensure efficiency and effectiveness. Operations management does not typically include finance, which is concerned with the management of a firm's capital resources and analysis of its financial strength and profitability. Instead, finance is considered a separate function that supports the various aspects of a business, including operations.
For example, when implementing a new product design, a business must develop a manufacturing system, locate suppliers, create manufacturing facilities, and identify a sales and marketing team, all of which fall under the purview of operations management. On the other hand, finance would manage the funds required for these activities, assess the costs, and ensure the financial viability of the project.