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.

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Definitions:

Variable Overhead

Costs that vary directly with the level of production or business activity, including utilities and materials used in production.

Decision Management Rights

The authority to make strategic decisions within an organization, typically held by upper management or executives.

Budgeting Process

A structured approach to creating a plan for a company's financial resources, outlining expected revenues and expenditures.

Membership Approval

The process through which applicants are accepted as members of a group, organization, or club, often following specific criteria for admission.