Final answer:
Conflict-equivalent schedules in database management produce the same final state of the database, regardless of the order of operations.
Step-by-step explanation:
Two schedules are called conflict-equivalent if they produce the same final state of the database. This concept is pivotal in database management systems, which ensure that concurrent transactions do not lead to inconsistencies. For two schedules to be conflict-equivalent, they do not necessarily have to execute their operations in the same order, but the final outcome in terms of the state of the database after all transactions must be identical. In simpler terms, despite possible different sequences of actions, the final results in terms of stored data must be the same.