An Organizational Unit of a Factory That Has the Responsibility

question 92

Multiple Choice

An organizational unit of a factory that has the responsibility for partially manufacturing or producing a product is called a:

• A) Service department.
• B) Production department.
• C) Primary department.
• D) Responsibility department.
• E) Control department.

Calculate the effective and design capacity of operations.

Evaluate investment decisions using present value calculations.

Understand the implications of capacity choices on business profitability.

Calculate and interpret break-even points for various business models and scenarios.

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Definitions:

Organizational Socialization

The process by which a new employee learns the organizational values, norms, and required behaviors which permit him to participate as a member of the organization.

Employees

Individuals who are hired by an organization to perform specific duties and tasks in exchange for compensation.

Organizational Socialization

This is the process by which new employees learn the values, norms, and required behaviors which permit them to participate as members of an organization.

Member

An individual who belongs to a group, organization, or community and typically has certain rights, responsibilities, or roles within it.