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A Lesson in Operations Management (Scenario)

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A Lesson in Operations Management (Scenario)
Hana had been asked to attend training in operations management. Her background and training had previously been in accounting, but with the reorganization looming, it was either learn a new skill or be downsized. She was actually looking forward to the training. She felt her background with numbers should prove valuable in operations management, but she admitted that she knew little about the field. Until now, she had been in a support staff function and had little feel for how the organization's product went from raw materials to finished product. Hana's first class would be tonight at Central University, and she was excited about the opportunity.
-Hana realized that inputs include which of the following?

Understand the legal responsibilities of principals and agents in contracts.
Identify when and how an agent has authority to act on behalf of a principal.
Distinguish between disclosed, partially disclosed, and undisclosed principals and their liabilities.
Recognize the consequences of unauthorized actions by agents.

Definitions:

Leisure

Refers to free time not taken up by work, chores, or obligations, typically used for rest, recreation, or personal interests.

Commodification

The process of turning something into a commodity that can be bought, sold, or traded in the market.

Recreational Activities

Recreational activities are activities performed for enjoyment, amusement, or pleasure during one's leisure time.

Leisure

Free time spent away from work and essential tasks, often dedicated to relaxation, entertainment, or hobbies.

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