Why Does a Company Act Voluntarily in Implementing Procedures and Equipment

question 75

Multiple Choice

Why does a company act voluntarily in implementing procedures and equipment beyond the statutory requirements?

• A) To avoid criminal penalties if there is ever a misstep
• B) For purposes of good relations with regulators and community
• C) To maximize shareholder value over the long term
• D) Both b and c
• E) a, b and c

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Definitions:

Virtual World

An online simulated environment where users can interact with a computer-generated universe and other users.

Production Managers

Production Managers oversee the daily operations of manufacturing and related plants, coordinating, planning, and directing the activities that create a variety of goods.

Production Process

The series of operational stages in the manufacture of goods, from the acquisition of raw materials to the final product.

Analytic Production System

A system that uses analytical methods to optimize production and operational efficiencies.