Examlex
Operations management encompasses all of the following EXCEPT:
Receiver
A party appointed by a court or creditors to manage, protect, and preserve the assets and operations of a company in bankruptcy or legal distress.
Solvent
The state of being able to meet all financial obligations, possessing assets that exceed liabilities.
Improperly Made
Refers to items or products that have been constructed or produced in a manner that fails to meet the required or expected standards.
Breach of Contract
The failure to perform as stated in a contract without a legitimate legal excuse.
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