Successful Operations Managers Must Be Able to Do All of the Following

question 8

Multiple Choice

Successful operations managers must be able to do all of the following except

• A) lead and motivate people.
• B) use technology to make a manufacturer more productive.
• C) advertise and sell the firm's product.
• D) control production costs.
• E) improve product quality.

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Definitions:

Journal Form

The format or layout used for recording transactions in the accounting journal.

Dishonored

Used to describe a check or promissory note that has been presented for payment but is refused by the bank due to insufficient funds or other reasons.

Settlement

The process of concluding a transaction or an agreement by completing all procedural and payment aspects.

Account Receivable

Accounts Receivable represents the money owed to a company by its customers for goods or services that have been delivered but not yet paid for.