Which One of the Following Statements Is Best

question 171

Multiple Choice

Which one of the following statements is best?

• A)Demand options adjust demand patterns,whereas supply options change in response to changes in demand.
• B)Overtime and undertime are two ways to change the workforce level rather than its utilization.
• C)Subcontracting during the peak season is called an aggressive strategy because it requires a competitive orientation toward suppliers.
• D)Due to the almost limitless number of possible sales and operations plans,it is virtually impossible to select a desirable plan without using an optimization procedure such as linear programming.

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Definitions:

Acquisition

The process of obtaining control of another company or business entity through purchase or merger.

Receivable Turnover

A financial metric that measures how effectively a company is collecting on its receivables, calculated as sales divided by the average accounts receivable.

Dividend Yield

A financial ratio that shows how much a company pays out in dividends each year relative to its stock price.

Acid-test Ratio

A financial metric that assesses a company's ability to quickly liquidate assets to cover short-term liabilities, excluding inventory.