Which One of the Following Statements About Sales and Operations

question 45

Multiple Choice

Which one of the following statements about sales and operations planning is BEST?

• A)A production plan generally focuses on production rates and inventory holdings,whereas a staffing plan focuses on staffing and other labor-related factors.
• B)Supply options are actions that adjust demand patterns.
• C)Operations and marketing are the only two functional areas that supply inputs for developing production and staffing plans.
• D)A level strategy stabilizes inventory levels by adjusting production rates or staff levels to match demand levels over the planning horizon.

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Definitions:

Minority Shares

Shares of stock that represent less than half of the control of a company, often held by investors who have limited influence on corporate decisions.

Business Judgment Rule

A legal principle that protects corporate directors' decision-making from judicial review as long as the decisions are made in good faith.

Shareholder's Demand

A formal request by a shareholder, typically for corporate information or to take specific actions, under legal rights.

Court Piercing

A legal action where a court disregards the corporate entity and holds its owners personally liable for corporate debts or misconduct.