While Developing an Operations Strategy, Management Needs to Consider the Following

question 74

Multiple Choice

While developing an operations strategy, management needs to consider the following factor.

• A) the level of technology that is or will be available
• B) the required skill levels of the workers
• C) the degree of vertical integration, in terms of the extent to which outside suppliers are used
• D) All of these.

Recognize how understanding audience demographics and psychographics enhances communication efficacy.

Apply knowledge of Myers-Briggs typology to improve interpersonal and managerial communication.

Grasp the design and presentation strategies that cater to specific audience needs in professional writing and speaking.

Understand the value of intrinsic and extrinsic motivators in the context of employee motivation and consumer behavior.

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Definitions:

Reimbursement

The act of compensating someone for an expense they have incurred, often related to business costs or healthcare expenses.

Fringe Benefits

These are additional compensations provided to employees beyond their regular salaries, such as health insurance, car allowances, or retirement benefits.

Merit Pay Systems

Incentive programs that reward employees based on their performance and productivity.

Profit-Sharing Plans

A compensation strategy where employees receive a share of the company's profits, aligning their interests with the company's performance and fostering a team-oriented culture.