Operations and Sales Are the Two ________ Functions in Businesses

question 68

Multiple Choice

Operations and sales are the two ________ functions in businesses.

• A)strategic
• B)tactical
• C)support
• D)value-adding
• E)line

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Definitions:

Payback Period

The length of time required to recover the cost of an investment or project.

Factory Overhead

Factory Overhead includes all indirect costs associated with manufacturing, such as electricity for the factory, maintenance, and salary of the maintenance staff.

Direct Materials

Raw materials that can be directly traced to the production of goods, forming a significant part of manufacturing costs.

Net Cash Inflows

The total amount of money received from operations, investments, and financing activities, minus the amount of money spent.