Which of the Following Business Processes Is Related to Operations

question 37

Multiple Choice

Which of the following business processes is related to operations?

• A) account tracking
• B) sales forecasting
• C) finished-goods inventory management
• D) treasury management

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Definitions:

Union Contracts

Legally binding agreements between labor unions and employers that outline wages, benefits, working conditions, and other terms of employment.

Discipline Standards

Established guidelines and practices for addressing employee behavior that does not meet expected professional or company standards.

Seniority Policies

Guidelines within a company or organization that determine the rights and privileges of employees based on the length of their service.

Collective Bargaining

A process of negotiation between employers and a group of employees aimed at agreements to regulate working salaries, working conditions, benefits, and other aspects of workers' compensation and rights.