Operations Managers Answer Questions of What, How, When, Where, and Who

question 6

Multiple Choice

Operations managers answer questions of what, how, when, where, and who by defining both the ___________ and _____________ aspects of the operations management system.

• A)Financing and capacity
• B)Marketing and delivery
• C)Structural and infrastructural
• D)Production and accounting Structural and infrastructural aspects of operations management must be defined to answer questions of what, how, when, where, and who.

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Definitions:

Stock Acquisition

The purchase of enough of the voting stock of a corporation to allow the buyer to control the corporation. Also called takeover.

Merger

The combination of two or more companies into one, where one corporation is completely absorbed by another corporation.

Consolidation

The joining of two corporations.

Securities

Financial instruments that signify ownership in a public company (stocks), a creditor relationship with a governmental body or a corporation (bonds), or rights to ownership as represented by an option.