What Is the Major Responsibility of the Office of Management

question 96

Multiple Choice

What is the major responsibility of the Office of Management and Budget?

• A)To prepare the president's budget
• B)To prepare the annual Economic Report of the President
• C)To link key foreign and military policy advisers to the economy
• D)Reviewing regulations proposed by departments and agencies
• E)Managing the White House staff

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Definitions:

Sustainable Advantage

An enduring benefit or competitive edge that a company can maintain over its competitors, often through innovation or strategic resource management.

Supplier Power

The ability of providers of goods or services to drive up prices and dictate terms because of their importance or scarcity.

Critical Inputs

Essential resources or factors required in the production process or for the delivery of a service that significantly impact the quality and output of the final product.

Homogenous Inputs

Inputs or resources used in production that are uniform in nature and interchangeable, contributing to consistent product quality.