In the Process of Transforming Inputs into Value Added Goods

question 46

Multiple Choice

In the process of transforming inputs into value added goods and services,it is useful to have a feedback loop.Which of the following is less likely to be considered part of the operations feedback loop?

• A)communications from customers to the company
• B)feedback from the manufacturer to its suppliers
• C)communications from the manufacturing manager to the company's management
• D)communications from customers to the company's suppliers

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Definitions:

Compensation

The total amount of the monetary and non-monetary pay provided to an employee by an employer in return for work performed, including wages, salaries, bonuses, and benefits.

Third Market

A trading segment where exchange-listed securities are traded over-the-counter (OTC) between institutional investors, typically by brokerage firms or securities dealers to provide liquidity.

Fourth Market

A market where institutional investors trade securities directly among themselves without the use of a broker.

Difference

The result obtained when one quantity is subtracted from another.