Which of the Following Statements Regarding Ethical and Environmentally Friendly

question 128

Multiple Choice

Which of the following statements regarding ethical and environmentally friendly processes is true?

• A) Operations managers can be environmentally sensitive, but they must avoid following a low cost strategy.
• B) Processes can be environmentally friendly or socially responsible, but not both.
• C) Operations managers can be environmentally sensitive and still follow a low cost strategy.
• D) Using energy-efficient lighting saves so little that it should not be labeled environmentally friendly.
• E) The only business strategy consistent with ethical and environmentally sensitive management is the differentiation strategy.

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Definitions:

Forward Buy

A purchasing strategy where a buyer purchases more inventory than currently needed at a lower price, anticipating future price increases or supply shortages.

Peak Demand

The period of highest customer demand for a product or service, which can strain resources and require careful planning to manage effectively.

Overall Profitability

A measure of the total financial gain or success of a business after all expenses and costs have been subtracted from revenue.

Marginal Subcontracting Cost

The additional cost incurred for each unit or batch of production or service delivery that is outsourced to a subcontractor.