Matching -Standing Plan

question 23

Multiple Choice

Matching
-Standing Plan

• A)Guides the day-to-day production or delivery of an organization's goods and services, and enacts a functional strategy
• B)Used to educate employees as to where the organization is going and what it hopes to achieve in the future
• C)Designed for repeated use in response to commonly occurring events
• D)Usually short-term plans, which are plans that cover one year or less and are used to achieve short-term goals
• E)Interprets an organizational strategy into a market- or community-based opportunity for division or departmental managers
• F)An essential way of committing department, resources, and individuals to a future goal

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Definitions:

Direct Labor Hours

The total hours worked by employees who are directly involved in the production process of goods or services.

PVC Fencing

A fencing material made from polyvinyl chloride, known for its durability, weather resistance, and low maintenance requirements.

Plantwide Overhead Rate

A unified rate employed across the entire manufacturing facility to allocate overhead expenses to products.

Machine Hours

A measure of the amount of time that machinery is operating and being used for production within a given period.