The Responsibilities of the Operations Manager Include

question 48

Multiple Choice

The responsibilities of the operations manager include

• A)allocating financial resources throughout the organization.
• B)the creation of goods or provision of services.
• C)promoting the organization's goods or services.
• D)assessing consumer wants and needs.
• E)analyzing investment proposals.

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Definitions:

Corporation

A legal entity that is separate and distinct from its owners, capable of owning property, entering into contracts, and being sued.

Shareholders

Owners of shares in a corporation, thereby having an interest in the corporation's operations and earnings.

Written Agreement

A contract or agreement that has been documented and signed in written form, providing a tangible record of the terms and conditions agreed upon.

Partnership

This refers to a formally established way of doing business that involves two or more participants jointly managing the operation and dividing the profits.