Inputs,transformation Processes,outputs,control Systems,and Feedback Are the Five Basic Elements of

question 58

Multiple Choice

Inputs,transformation processes,outputs,control systems,and feedback are the five basic elements of

• A) Human resource management
• B) Transformation management
• C) Operations management
• D) Time management

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Definitions:

Demand

The inclination and capability of buyers to acquire products and services at specified prices.

Increase

An upward movement in quantity, size, number, value, or intensity of a particular variable.

Market Demand

The total quantity of a product or service that all consumers in a market are willing and able to buy at various prices, given a period of time.

Related Goods

Products or services that are either complements or substitutes to one another, affecting each other's demand and supply.