Examlex
Which one of the following statements about the scope and direction of operations management is FALSE?
Generate Cash
The process of producing liquid assets through operational activities, investments, or financing mechanisms within an organization.
Organisational Budgets
Financial plans that outline an organization's projected income and expenditures over a specified period.
Planning Tool
A method or software used for organizing, managing, and envisioning the steps needed to achieve a certain goal or project.
Control Tool
Instruments or mechanisms utilized to monitor, manage, or influence processes or systems in order to achieve desired outcomes.
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