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Refer to the Scenario below to answer the questions that follow.
Alberta Gold Energy Corporation (Scenario)
Alberta Gold Energy Corporation (AGEC) began as a relatively small oil company.However,through the years it has grown to become an international corporation.Its founder and president,Joe Polanski,reflects on how the company's structure has evolved over the years.
-Joe Polanski decided to purchase an oil-drilling supply company in another country.The purchase was classified as related diversification,but distance and the differences in the product line suggested that it should continue to be operated as a separate company.AGEC was now organized under two separate business units and therefore had a ________ structure.
Demand Management
The process of forecasting, planning, and controlling demand for products and services to meet business needs.
Operations Planning Process
Involves the strategic and tactical steps taken by a business to forecast demand, match supply with demand efficiently, and manage resources to carry out its operations.
S&OP
Sales and Operations Planning; a process where executive level management regularly meets to review projections for demand, supply, and the financial impact.
Functional Silos
Organizational structures that segment a company into departments or divisions based on functions or roles, often leading to reduced communication and integration between different areas.
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