There Are Three Major Types of Business Activities

question 6

Short Answer

There are three major types of business activities. ________ activities involve the acquisition and disposal of resources that an organization uses to acquire and sell its products or services.

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Definitions:

Over-Empowered

Describes a situation or person having too much power or authority, leading to potential misuse or imbalance in a system or relationship.

Representative Employees

Workers chosen or elected to voice the concerns and interests of their colleagues during negotiations or in discussions with management.

Noncontroversial Issues

Noncontroversial issues refer to topics or matters that generally do not evoke strong disagreements or opposition, often allowing for easier consensus or discussion.

Lean Production

An approach to manufacturing that emphasizes reducing waste and improving efficiency and quality in the production process.