Which One of the Following Statements About Managerial Inputs to Production

question 19

Multiple Choice

Which one of the following statements about managerial inputs to production and staffing plans is BEST?

• A)Finance provides labor and machine standards.
• B)Human resources provide the training capacity and labor-market conditions.
• C)Marketing provides the schedule of sales associates.
• D)Materials provide the current staffing level.

---

Definitions:

Markdown

A reduction from the original or retail price of a product or service, often used to stimulate sales or clear inventory.

Real Estate Commission

The fee paid to a real estate agent or broker for their services, usually a percentage of the property's sale price.

Trade Discount

A reduction in the listed price of a good or service offered by a vendor to buyers in the same trade.

Retail Price

The total cost at which an item is sold to the consumer, including all applicable taxes and fees.