For Flexible Resources, Which of the Following Statements Is True

question 55

Multiple Choice

For flexible resources, which of the following statements is true?

• A)A change in resource spending will only occur if the demand for a resource drops permanently and exceeds demand enough so the activity capacity will be reduced.
• B)Often, resources are acquired in advance for multiple periods and are therefore irrelevant.
• C)Decisions often affect multi-period capabilities.
• D)If the demand for an activity changes across alternatives, then resource spending will change and the cost of the activity will be relevant to the decision.

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Definitions:

Mission Statement

A written declaration of an organization's core purpose and focus that normally remains unchanged over time.

Firm's Goals

The specific objectives that a company aims to achieve, which guide its operational and strategic decisions.

Customer's Needs

The desires or requirements that customers expect to be fulfilled by a product or service, influencing their purchasing decisions.

Customer Acquisition

The process of bringing new customers to a business through various marketing strategies and efforts.