Industries Where Operating Cycles May Exceed Twelve Months Typically Include

question 11

Multiple Choice

Industries where operating cycles may exceed twelve months typically include:

• A) retail.
• B) manufacturing.
• C) food preparation.
• D) property development.

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Definitions:

Rules

Established guidelines or instructions that prescribe the acceptable behavior or conduct within a specific context or system.

Latent Function

Unintended and often unrecognized consequences of social processes or structures.

Manifest Function

The recognized and intended consequences of any social pattern, which contribute to its function in society.

Dysfunction

In sociology, a component of society that may disrupt the social system or reduce its stability.