Which of the Following Statements Is More of a General

question 63

Multiple Choice

Which of the following statements is more of a general characteristic of a manufacturing organization, as compared to a service organization?

• A) Short-term demand tends to be highly variable.
• B) Operations are more capital intensive.
• C) Outputs are more intangible.
• D) Quality is more difficult to measure.

Understand the role of oral contracts and their limitations.

Comprehend the significance of merger (integration) clauses in written contracts.

Analyze the impact of historical legal rules on contemporary contract law.

Understand the role of equitable doctrines like promissory estoppel in enforcing promises.

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Definitions:

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Software designed to retrieve information from databases through the use of specific requests or commands.

Beta Version

A version of the software that’s still under development. Many beta versions are available for a limited trial period and are used to help the developers correct any errors before they launch the software on the market.

Productivity Software

Computer programs used to produce documents, databases, charts, graphs, and presentations, enhancing the user's ability to perform tasks effectively.

Personal Finance Software

Applications designed to help individuals manage their finances, including budgeting, expense tracking, and investment analysis.