Which of the Following Is True About Meeting Minutes

question 77

Multiple Choice

Which of the following is true about meeting minutes?

• A) Minutes include only subjective data.
• B) Minutes are primarily verbatim transcripts.
• C) Minutes include only descriptive data.
• D) Minutes vary in format across organizations.
• E) Minutes do not have any legal significance.

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Definitions:

Optimal Order

The most efficient or cost-effective quantity of goods to order, taking into account factors such as demand, holding costs, and ordering costs.

Available Capacity

The amount of production capability or service availability that can be provided over a certain period of time.

Multiple Products

The strategy or situation of offering or managing a variety of different products instead of focusing on a single offering.

Postponement

A supply chain strategy that delays product customization or final assembly until customer orders are received, to reduce inventory costs and increase flexibility.