Proper Operational Management Involves Managing So as to Make a Profit

question 8

Multiple Choice

Proper operational management involves managing so as to make a profit and managing working capital accounts so as to:

• A)minimize interest income
• B)maintain adequate liquidity and cash flow
• C)maximize interest expense
• D)maximize the investment in those accounts

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Definitions:

Different Kinds

Refers to a variety or range of types or categories within a group.

Entropy

In thermodynamics, a measure of the disorder or randomness in a system; in information theory, a measure of uncertainty or the information content.

State Meaning

To clearly and explicitly express or define the significance or intention of something.

Analyze Reasons

The process of examining the causes or motives behind an action or event to understand it better.