Which of the Following Terms Is an Operational Management Process

question 59

Multiple Choice

Which of the following terms is an operational management process? 

• A) How to assess inter-systems compatibility and operability. 
• B) How to work with suppliers in new product development. 
• C) Screening and selection of project partners. 
• D) Evaluating supplier development capabilities and performance.

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Definitions:

Catering Supplies

Items and ingredients purchased and used in the operation of a catering service, encompassing food, beverages, and non-food items like utensils and napkins.

Spending Variance

The difference between the actual amount spent and the budgeted amount for any category of expenses over a specific period.

Jobs

In accounting and manufacturing, specific units or batches of work that can be individually costed and tracked.

Administrative Expenses

Costs related to the general operation of a business, which are not directly tied to production or sales, such as salaries of administrative personnel and office supplies.