Concept information
Preferred term
statement of operations
Definition
- The operations function in an enterprise involves activities required to convert inputs to desired outputs. Operations management is based on a systems approach in which a process is viewed as follows: Inputs → transformation process → outputs A health care enterprise consists of a number of operations processes that must be managed. [Source: Encyclopedia of Health Care Management; Statement of Operations]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/statement_of_operations
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