Which of the Following Is Not True About the Operations

question 59

Multiple Choice

Which of the following is not true about the operations plan portion of the business plan  

• A) Only service businesses need an operations plan.
• B) An operations plan describes the flow of goods and services from production to customer.
• C) The role of technology in the business transaction process is discussed.
• D) The shipping process and inventory control process can be discussed in this section.

Understand the classification and reporting of current and non-current liabilities on the balance sheet.

Understand the importance of adjusting entries in accurately presenting the financial position of a company.

Grasp the concept of accounts payable turnover ratio and its significance in assessing company performance.

Understand the impact of water pollution on ecosystems and organism behavior.

---

Definitions:

Considerable Automation

The significant use of machines or digital technologies to perform tasks that were traditionally done by humans.

Environmental Turbulence

The rate and magnitude of change that an organization faces from external sources.

Degree of Richness

The extent to which a medium allows for immediate feedback, conveys multiple cues, and supports the use of natural language.

Degree of Interdependence

The extent to which individuals, groups, or systems rely on each other to function effectively.