Word Origin & History. limb O.E. lim limb, joint, main branch of a tree, from P.Gmc. *limu- (cf. O.N. limr limb, lim small branch of a tree), a variant of *liÃ¾u- (cf. O.E. liÃ¾, O.Fris. lith, O.N. liÃ°r, Goth. liÃ¾us a limb; with prefix ga-, source of Ger. glied limb, member), from PIE base *lei- to bend, be movable, be nimble.. The parasitic -b began to appear late 1500s for no reason.
Operations management (OM) is the business function responsible for managing the process of creation of goods and services. It involves planning, organizing, coordinating, and controlling all the resources needed to produce a companyâs goods and services.
Operations management. Operations management is the corporate area in charge of designing, managing and tracking different processes. These processes are made up of interrelated, sequential activities through which the components and actors required (raw materials, labor, capital, information, the client, and such) are transformed into products.