In the Context of Operations Management, Which of the Following

question 42

Multiple Choice

In the context of operations management, which of the following statements is true of the increasingly competitive and global nature of markets?

• A) There has been a significant decrease in green practices.
• B) There is a higher inclination to exploit the environment.
• C) There has been a shift from a cost perspective to a value perspective.
• D) There is an increased preference for simplified supply chains.

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Definitions:

Layoff Strategies

Planned approaches by organizations to reduce workforce size through terminations or voluntary departures, often as a cost-saving measure or due to restructuring.

Work Reduction

Strategies or measures implemented to decrease the total amount of work or hours employees are required to perform, often for the purpose of improving work-life balance or efficiency.

Related Companies

Entities or businesses that are connected by common ownership, management, or business goals.

Attrition

A process of gradually reducing the strength or effectiveness of someone or something through sustained attack or pressure.