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son4ous [18]
3 years ago
6

Operations management is the discipline that manages the day-to-day and tactical activity of the entire value added chain, which

includes the supply chain, the transformation process, the distribution chain and the point of sale to the customer.
a) true
b) false
Business
1 answer:
makvit [3.9K]3 years ago
6 0

Answer:

Operations Management:

a) true

Explanation:

Operations management ensures that the organization achieves its objectives by coordinating processes and executing them in the conversion of organizational resources into goods and services which will enable the organization to maximize profits.  It is the core of the organizational hierarchy and plays important tactical roles that deliver results.  It translates the strategic policies of top management into day-to-day actionable and deliverable processes to meet external needs (customers'), thereby generating income for the owners of the business.  Without operations management, a business remains an idea that cannot be implemented.

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The decision to accept an additional volume of business should be based on a comparison of the revenue from the additional busin
musickatia [10]

Answer:

false

Explanation:

Sunk cost is cost that has already been incurred and cannot be recovered. it should not be considered when making future decisions

7 0
3 years ago
When must you inspect your tools and extension cords?
Iteru [2.4K]

Answer:

Testing should be conducted on each piece of equipment every three months, as well as before first use or return to service after repair. In order to ensure a grounding wire is electrically continuous throughout the extension cord or power tool, a continuity test must be conducted.

Explanation:

3 0
3 years ago
Last year, 46% of business owners gave a holiday gift to their employees. A
Liono4ka [1.6K]

Answer:

a. 15

b. Since is a left tailed test the p value would be:

p_v =P(Z<-3.263)= 0.000551

Explanation:

a. 25% of 60 businesses surveyed=

25/100 x 60= 15

b. See attached image for solution

7 0
3 years ago
any constituent who has a claim in some aspect of a company's products, operations, markets, industry, or outcomes is known as w
disa [49]

Answer:

Stakeholders

Explanation:

A stakeholder is anybody to takes key interest in the functioning of an organization. Stakeholder is directly or indirectly affected by the success and failure of the organization. A stakeholder could be an investor who has invested money in the firm; a customer who uses the products manufactured by the firm; a debtor who owes money to the firm or creditor who the firm owes money.

As such, a stakeholder is related to the firm through one or the other medium such as markets, industry or operations.

6 0
2 years ago
On December 31, prior to adjustment, Allowance for Uncollectible Accounts has a credit balance of $400. An age analysis of the a
slega [8]

Answer:

Bad debts expense                                      Debit            $ 600

Allowance for Uncollectible expenses       Credit                          $ 600

Explanation:

The allowance for uncollectible accounts is estimated usually on the basis of a percentage of credit sales. The data in the question indicates that the estimated losses from uncollectible accounts is $ 1,000.

The unadjusted balance is $ 400, so the adjusting entry is for the balancing amount, i.e. $ 600. It is debited to bad debts and credited to allowance for uncollectible accounts.

4 0
3 years ago
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