1. Operations management is the set of activities that creates value in the form of goods and services by transforming inputs into outputs.

True                False

2. To attract and retain global talent, and to expand a product's life cycle, are both reasons to globalize.

True                 False

3. Every network has at least one critical path.

True                 False

4. Patterns in the data that occur every several years are called circuits.

True                 False