Operational Tools Are Often Used as Part of a Firm's

question 69

Multiple Choice

Operational tools are often used as part of a firm's human resource strategy.Which one of the following is an operational plan that outlines who will perform a specific job and how and where the job will be conducted?

• A)work methods analysis
• B)work measurement methods
• C)motion-study techniques
• D)job design
• E)operations control

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Definitions:

Incremental Cash Flows

The additional cash flows that a company expects to generate from a particular investment or project.

Terminal Values

The estimated value of a project or investment at the end of its life, often used in discounted cash flow analyses.

Capital Budgeting

The process a business undertakes to evaluate potential major investments or expenditures, using methods to determine their value and impact on financial performance.

Experienced Managers

Individuals who possess significant knowledge and skills acquired through years of managing operations, teams, or companies.