All of the Following Are Current Strategic Issues of Particular

question 68

Multiple Choice

All of the following are current strategic issues of particular concern to managers, EXCEPT hiring the right people _____.

• A)to become more competitive on a global basis
• B)for improving quality, innovation, and customer service
• C)to become more competitive on a local basis
• D)to retain after mergers, acquisitions, or downsizing
• E)to apply new information technology for e-business

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Definitions:

Operational Costing

The method of calculating the expenses associated with the day-to-day running of a business, including costs of manufacturing and services.

Food Processors

Kitchen appliances used to facilitate repetitive tasks in the preparation of food, such as chopping or mixing.

Large Scale

Operations or activities conducted on a wide-ranging or extensive basis, often implying significant impact or size.

Cost Per Equivalent Unit

A calculated amount that represents the cost of materials, labor, and overhead expenses applied to a unit of production, averaged to account for partially completed units.