Final answer:
Studying operations management is essential due to its impact on costs, its interrelation with other business areas, the availability of related jobs, and its role in strategic decision-making and productivity. Option B
Step-by-step explanation:
Studying operations management is crucial for several reasons. First, a significant portion of a company's expenses are associated with operations management activities, which are fundamental to all business organizations.
Second, these operations activities are deeply interrelated with other business areas such as accounting and marketing, making their understanding vital for a cohesive business strategy.
Finally, there are numerous management jobs directly related to operations management, including roles in production planning, inventory management, and logistics, highlighting the career importance of the subject.
Understanding the intricacies of operations management also contributes to effectively managing a company's human resources by appreciating the diverse workforce and their psychological needs, which in turn boosts productivity and efficiency.
Moreover, knowledge in operations management assists in making informed decisions about production, aids in business geography considerations such as the optimal location for stores or factories, and aligns with the strategic focus on a company's core competency for success.
All these aspects show that studying operations management is not only beneficial but essential for aspiring business professionals. Option B