Which of the Following Statements Is Best? Operations Management Can

question 53

Multiple Choice

Which of the following statements is best? Operations management can be made more effective by

• A) coordinating all activities related to operations, directly or indirectly, both within and outside the organization.
• B) making products early enough so that stock outs do not occur.
• C) coordinating operations with other functional areas that impact operations.
• D) focusing on aspects of operations that are directly related to production.

Understand the concept of self-supporting growth rate and factors influencing it.

Explain the term "spontaneously generated funds" and its significance in operations.

Analyze the relationship between business operations' capacity utilization and financial planning.

Understand the criticality of sales forecasting in constructing pro forma financial statements.

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Definitions:

Temporarily Undervalued

A condition in which a stock is selling for less than its perceived or intrinsic value, often due to short-term market fluctuations.

Stock Repurchases

A company's buyback of its own shares from the marketplace, reducing the amount of outstanding stock.

Excess Cash

The amount of cash holdings that exceed the normal operational needs of a company.

Reverse Split

A corporate action which consolidates the number of existing shares of stock into fewer, proportionately more valuable, shares.