Operating Exposure Can Be Managed By

question 1

Multiple Choice

Operating exposure can be managed by:

• A) flexible sourcing policy.
• B) diversification of the market.
• C) financial hedging.
• D) all of these.

---

Definitions:

PDCA Cycle

A four-step management method used in business for the control and continuous improvement of processes and products; it stands for Plan-Do-Check-Act.

Profitability

The state of yielding financial gain or profit from business activities.

Organizational Effectiveness

The degree to which an organization achieves its goals and objectives through the efficient use of resources.

Span of Control

The number of subordinates a manager or supervisor can effectively manage and control.