What Would Be an Example of a Consumption Service

question 113

Multiple Choice

What would be an example of a consumption service?

• A)Antonio,the manager of your local chicken shop,purchases a new deep fryer.
• B)The local driver's licence office purchases a new digital camera and printer.
• C)Tony Abbott purchases furniture for his office.
• D)Jake buys an iPhone.
• E)Rhianna gets a haircut.

Grasp the significance of continuous learning and self-management for career success and organizational adaptability.

Understand how technology facilitates operations within organizations and its role in competitive positioning.

Differentiate between various technologies used in operations management and their impact on productivity.

Appreciate the relationship between operations management decisions and organizational performance.

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Definitions:

Maturity Value

The total amount that will be paid to an investor at the date of maturity of a financial instrument, including principal and any accrued interest.

Loss

The negative financial result from a business's operations when costs exceed revenues.

Issuing Bonds

The process by which a company or government raises capital by selling bonds to investors, incurring debt that must be repaid over time with interest.