An Example Under the Capacity Area of Strategic Decisions in Operations

question 5

Multiple Choice

An example under the capacity area of strategic decisions in operations would be

• A) centralized or decentralized warehouse.
• B) one large or several small facilities.
• C) handmade or machine-made.
• D) high levels or low levels of inventory.

---

Definitions:

Price Ceiling

A legal maximum on the price at which a good can be sold, often set by government.

Subsidies

Financial assistance granted by a government or institution to support businesses, industries, or individuals, often to encourage production or consumption.

Agricultural Surpluses

The excess production of agricultural products beyond what is needed to meet the demand, often resulting in lowered prices and wasted resources.

Developing Countries

Nations with a lower level of material wealth, less developed industrial bases, and lower Human Development Index ratings compared to more developed countries.