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fiasKO [112]
3 years ago
6

Aaron is a freshman in college who has not yet decided on his major. He is thinking about majoring in operations management and

is exploring job opportunities in this field. Which of the following statements about jobs for operations management majors is most accurate? If he majors in operations management, Aaron will:
a. have limited job opportunities because operations management positions are only available in the slowly growing manufacturing sector.
b. acquire skills and knowledge that are valuable to firms in both the manufacturing and service sectors.
c. have plenty of job offers, but they will mainly be in low-wage positions in the service sector.
d. find plenty of employment opportunities in the government and education, but not very many in the private sector.
Business
1 answer:
malfutka [58]3 years ago
7 0

Answer:

The statements which are most accurate for operations management majors is:

b. acquire skills and knowledge that are valuable to firms in both the manufacturing and service sectors.

Explanation:

It has been mentioned here is that

their is a fisherman named Aaron who had not yet decided about his major. Exploring different job opportunities and majoring in operations management is his thinking of doing in the upcoming days.

So, the statement which is most accurate for the management operations in jobs will be:

b. acquire skills and knowledge that are valuable to firms in both the manufacturing and service sectors.

Operation management: It is a term which is used by various organisations.

It has been used by different firms and all organisations to reach a level of efficiency by carrying out better administration and functions.

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Annie, a marketing manager, is worried her firm is doing a poor job of managing the movement of finished products to the final c
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The company should improve their distribution management.

<u>Explanation: </u>

Distribution management describes the process of managing the transport of goods from the supplier or retailer to the point of purchase.  

It is an overriding term that applies to a number of activities and methods, such as packaging, stock, warehousing, supply chain, and transportation.

For the business ' financial success and corporate success, the adoption of a distribution management strategy is crucial.  

Distribution management helps to maintain organization and satisfies customers.

The basic idea of distribution management as a marketing tool is that distribution management takes place in an environment that also includes the following aspects:

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5 0
3 years ago
Expenses, such as depreciation on buildings are also known as variable expenses. t or f?
SSSSS [86.1K]

The statement “Expenses, such as depreciation on buildings are also known as variable expenses.”, is false, due to the fact that depreciation is a fixed cost since throughout its useful life as an asset, it reoccurs in the same amount per period, and thus, depreciation cannot be considered a variable cost. Nevertheless, as with all things, there is an exception. The depreciation will be sustained in a pattern that is more consistent with a variable expense, only if a business recruits a usage-based depreciation methodology.

To add, the corporate expense that alters with the company’s production output is called the variable cost.

8 0
3 years ago
The following information is provided for Sacks Company. Cash $ 12,000 Supplies 4,500 Prepaid rent 2,000 Salaries expense 4,500
MakcuM [25]

Answer:

The amount of total liabilities is $5,000

Explanation:

In this question, we apply the accounting equation which is shown below:

Total assets = Total liabilities + owner's equity

where,

Total assets = Cash + supplies + prepaid rent + equipment

                    = $12,000 + $4,500 + $2,000 + $65,000

                    = $83,500

Owner's equity = common stock + ending retained earning balance

where,

Ending retained earning balance = Beginning retained earning balance + net income - dividend paid

The net income = Service revenue - Miscellaneous expenses - salaries expense

= $30,000 - $20,000 - $4,500

= $5,500

Now put these values to the above formula  

So, the ending retained earning balance would equal to

= $8,000 + $5,500 - $3,000

= $10,500

And, the owner equity = $68,000 + $10,500 = $78,500

So, the total liabilities would be

= $83,500 - $78,500

= $5,000

4 0
3 years ago
On June 1, Parson Assoc. sold equipment to Arleo and agreed to accept a 3-month, $68,000, 10% interest-bearing note in payment a
nekit [7.7K]

Answer:

The interest revenue on note receivable that will be recognized at maturity is $1700.

Explanation:

The note is a three months note. So, the interest that will be charged on the note for the period the note was outstanding, i.e. three months from June to August.  The rate that is given is an annual rate. Thus, the interest on note for three months period will be,

Interest revenue on note = 68000 * 0.1 * 3/12

Interest revenue on note = $1700

7 0
2 years ago
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