A Firm's Process Strategy Is ______

question 8

Multiple Choice

A firm's process strategy is ______.

• A)the strategy a firm follows to produce goods and services determined by resource availability
• B)the process used to allocate resources between a conglomerate's different businesses
• C)the strategy used to facilitate the choice between rebate coupons and advertising to promote sales
• D)the strategy used to be in compliance with government regulations

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Definitions:

Outsourcing

The practice of having certain job functions done outside a company instead of having an in-house department or employee handle them.

Goal Specificity

The clarity and preciseness of a goal, which helps in planning and achieving desired outcomes by making expectations clear and measurable.

Theory X Manager

A management style characterized by the belief that employees inherently dislike work and must be closely supervised and coerced to achieve productivity.

Contract

Legally enforceable agreement between two or more parties regarding a specified act or thing.