The Responsibilities of Operations Managers Classified as Planning Activities Include

question 30

Multiple Choice

The responsibilities of operations managers classified as planning activities include:

• A)inventory,production pace,quality,and costs.
• B)organizing departments,subcontracting,supplier contracts,and staffing.
• C)forecasting,planning,organizing,and directing.
• D)scheduling,job assignments,purchasing,and logistics.
• E)capacity,location,layout,and mix of products.

Understand the distinction between various schools of jurisprudence including legal positivism, legal realism, and the historical school.

Recognize the differences between civil law and criminal law and their applications to real-world scenarios.

Grasp the concept and importance of stare decisis within the legal system and for businesses and individuals.

Comprehend the principles and applications of cost-benefit analysis in legal changes.

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Definitions:

Disposal

The process of getting rid of an asset or substance, which can involve selling, recycling, or throwing away.

Book Value

The net value of a company's assets, subtracting liabilities and generally expressed on a per-share basis.

Book Value

The net value of an asset reported on the balance sheet, calculated as the asset's cost minus accumulated depreciation.

Plant Asset

Long-term tangible assets used in the production of goods and services, such as machinery, buildings, and equipment.