The study of how organizations produce goods and services is known as
A : manufacturing. B : management science. C : operations management. D : logistical science.
C : Operations management is the study of how organizations produce goods and services.
The study of how organizations produce goods and services is known as A : manufacturing. B...
Many organizations offer a combination of goods and services to their customers. As you learned this week, there are key differences between production of goods and delivery of services. What are implications of these differences relative to managing operations?
the ratio at which nations will exchange goods and services is known as the : (a) exchange rate (c) terms of trade (b)discount rate (d) balance of trade
If an employee's primary function in an organization is transforming resources into goods and services, then he or she is involved in A) staffing. B) financing. C) customer relationship management. D) operations management. E) marketing.
u services produced anyw O D. the value of all final goods and services produced dom 2 Final goods or services used to compute GDP refer to: O A. the sum of all wages paid to laborers. O B. the factors of production used to produce output. O c. goods and services purchased by the ultimate users. 0 D, the value of outstanding shares of stock of manufacturing fir 3 The demand measure of GDP accounting adds together: A. wages...
2. Cost information is very useful to: a. Manufacturing organizations b. Service organizations c. Not-for-profit organization d. All of the above e. None of the above
ns 008.18.0-MC- MANKOS The inputs used to produce goods and services are called | 0 a. profit factors. o b. marginal products. O c. labor demands. O d. factors of production.
2 Which of the following is more a characteristic of manufacturing goods than services? A intangible output B high customer contact C high labor content D easier measurement of productivity E low uniformity of output
Firms choose how to produce the goods and services they sell. In many cases, firms face a trade-off between using more workers or using more machines. For example, A. many times in the past several decades, firms may have chosen between a production method in the United States that uses fewer machines and more workers and a production method in China that uses more machines and fewer workers. B. many times in the past several decades, firms may have chosen...
What are the implications of the GAAP rule that organizations report their financial position on an accrual basis? Select one: a. Revenues are recorded in the year that the organization is legally entitled to receive payment for goods or services. b. Expenses are recorded in the year that asset are consumed in the process of providing goods and services. c. Use of accrual accounting provides a better accounting of cash flows, showing whether the organization has a healthy positive flow...
Inventories are Select one: a. are kept by manufacturing organizations only not by service providers b. Assets c Warehouses d. Only perishable products