The Basic Functional Purpose of Operations Systems Is to

question 174

Multiple Choice

The basic functional purpose of operations systems is to

• A) guide development of corporate strategy.
• B) guide development of business-level strategy.
• C) integrate the efforts of various strategic business units.
• D) coordinate the organization's functional strategies.
• E) control the organization's transformation processes.

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Definitions:

Model Business Corporation Act

A standardized set of laws designed to regulate business corporations, serving as a guide for state legislatures in drafting their corporate statutes.

Codification

The process of collecting and restating the law of a jurisdiction in certain areas, usually by subject, forming a legal code.

Corporation Law

The body of laws, rules, and regulations that govern the formation, operation, and dissolution of corporations.

Limited Partner

An investor in a partnership who has limited liability to the extent of their investment in the partnership and does not participate in day-to-day management.