Which of the Following Focuses on the Product Choices and Industry

question 35

Multiple Choice

Which of the following focuses on the product choices and industry characteristics that affect an organization's profitability?

• A)Organizational behavior
• B)Process management
• C)Operations management
• D)Strategic management
• E)Human resource management

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Definitions:

Distribution System

A network of facilities and delivery options that moves goods from producers to consumers.

Airfreight

Transport of goods by aircraft, a fast but generally more expensive method of shipping goods over long distances.

JIT

Just-In-Time is a management strategy that aligns raw-material orders from suppliers directly with production schedules to minimize inventory costs.

Supply-Chain Strategy

A plan for managing all aspects of a product's supply chain, from raw materials to distribution, to maximize efficiency, reduce costs, and enhance competitiveness.