What term describes the management of systems that convert resources into services?

Operations management is the term that describes the management of systems that convert resources into services. This area focuses on the processes involved in transforming inputs—such as human labor, materials, and equipment—into outputs, which are the services or products delivered to customers.

Effective operations management ensures that an organization runs efficiently, producing high-quality services while minimizing costs and maintaining a smooth flow of operations. It encompasses various functions, including planning, organizing, and supervising the production or delivery of services and goods.

Resource allocation focuses more specifically on distributing available resources efficiently, while financial management pertains to managing the financial aspects of an organization, such as budgeting and investments. Quality control involves ensuring products or services meet certain standards but does not encompass the broader management of systems that convert resources into services. Therefore, operations management is the most appropriate term in this context.