Which of the Following Is True About Companies That Employ

question 16

Multiple Choice

Which of the following is true about companies that employ an effective sales and operations planning process?

• A)They possess the ability to maximize inventory buildup.
• B)They experience material and product shortages.
• C)They possess the ability to manage products and promotional planning.
• D)They experience a loss of customers and reduced profits.

---

Definitions:

Human Resource Management

The strategic approach to the effective management of people in a company or organization to help their business gain a competitive advantage, including hiring, training, and employee benefit design.

Replacement

The process of substituting one element for another, in human resources, it typically refers to filling a vacancy created by an outgoing employee.

Equilibrium Price

The price at which the quantity of goods supplied is equal to the quantity of goods demanded; market balance.

Trade

The exchange of goods or services between individuals, organizations, or countries.