Arranging Flexible Working Shifts for Employees in a Retail Operation

question 9

Multiple Choice

Arranging flexible working shifts for employees in a retail operation is an example of ____________________?

• A) A chase demand strategy
• B) A demand management strategy
• C) A level capacity strategy
• D) A capacity lagging strategy

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Definitions:

Contribution Margin

The amount of revenue remaining after deducting the variable costs associated with producing a product, used to cover fixed costs and generate profit.

Foreign Subsidiary

A company partially or wholly owned by another company that operates in a country different from the parent company.

Responsibility Center

A unit within an organization for which a manager is accountable, focusing on revenue, costs, or investments.

Investment Center

A responsibility center that incurs costs, generates revenues, and has control over decisions regarding the assets available for use.