Standards Used in Organizational Control Are Most Like

question 106

Multiple Choice

Standards used in organizational control are most like

• A) policies.
• B) strategies.
• C) goals.
• D) rules.
• E) standing plans.

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Definitions:

Inventory

The total amount of goods stored by a company that is ready or will be ready for sale.

Service Inventory

Intangible goods in a service operation that cannot be stored or inventoried in the traditional sense, such as available hotel rooms or hours of consulting.

Service Stockout

Occurs when a service provider cannot meet customer demand due to insufficient resources or capacity, leading to customer dissatisfaction.