Which of the Following Are Considered Current Issues in Operations

question 48

Multiple Choice

Which of the following are considered current issues in operations and supply management?

• A)Developing flexible supply-chains for merged operations
• B)Managing the customer's experience during the service encounter
• C)Decreasing "commoditization" of suppliers
• D)Increasing operations' responsibility for profits
• E)Increasing unionization of the work force

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Definitions:

Fair Value

An estimate of the market value of an asset, based on what a knowledgeable, willing, and unpressured buyer would likely pay to a seller.

Boot

Additional value or cash given along with a trade or exchange to equalize the value between traded items.

Plant Site

The location or real estate used for industrial or manufacturing operations.

Nominal Cost

A term often used to describe a cost that is very small or insignificant in comparison to the overall financial figures involved.