IMS Uses the Terms Trunks, Branches, and Trees to Describe

question 26

True/False

IMS uses the terms trunks, branches, and trees to describe different size groupings of personnel, equipment, and apparatus.

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Definitions:

Production Orientation

A business approach that focuses on the efficiency of production and distribution processes rather than understanding and meeting the needs of the consumer.

Unit Costs

The total expense incurred by a company to produce, store, and sell one unit of a particular product or service.

Merchandising

The activities involved in acquiring particular goods and services and making them available at the places, times, prices, and quantities that enable a retailer to achieve its goals.

Bartering

An exchange of goods or services between parties without the use of money.