Scenario A

question 61

Multiple Choice

Scenario A. Use the information given below to answer the following questions.
Omega Inc. is a large corporation founded in the 1950s. They produce chemical concentrates for industrial cleaning. They follow a strict set of rules and regulations. They have the ability to track a large amount of data using statistical techniques. Mid Atlantic Health Corp. is a regional medical center. They tie pricing of services and profits to specific services in the medical center.
-Based on the given description, which of the following control systems does Omega Inc. follow?

• A) Bureaucratic
• B) Market
• C) Clan
• D) Feedforward
• E) Concurrent

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Definitions:

Attractiveness

The quality that makes something appealing or desirable.

Production Function

An equation that specifies the output that a firm can produce with various combinations of inputs, reflecting the relationship between input and output quantities.

Service Firms

Businesses that primarily offer intangible products, such as services or expertise, to their customers.

Operations Management

The field of management focused on designing, controlling, and improving the production process and redesigning business operations in the production of goods or services.