Policies, rules, procedures and regulations are required in the firm. Explain their significant effects on the operations of the firms? (600 words)
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Policies, rules, procedures and regulations are required in the firm. Explain their significant effects on the operations of the firms? (600 words)
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- 11th - Which of the following is a concept that means determining how much to be paid for one job relative to others within the enterprise? a) Pay level B) situational charge NS) wage income D) Minimum wage TO) Fee structure1. The Production/Operations function is considered as the core function of the organization because: A. It’s the function directly responsible for converting inputs into outputs of good and services B. Most of the controllable assets of the organization are allocated to it C. Both A and B D. Neither A nor B 2. The user-based definition of quality is meaningful to A. Product designers B. Marketing personnel C. Production personnel D. Customer 3. This is much broader and long-term than competitive advantage. A. Comparative advantage B. Economic advantage C. Absolute advantage D. Strategic advantage1. the part of the business organization that is responsible for producing goods and services. a. marketing b. finance c. operations d. operations management
- 13. Business model describes the rationale of how an organization makes, transports, and captures value in economic, social, cultural or other contexts A. True B. FalseWhat are the five (5) common main objectives of firms? (400 words)Which of the following statements is true of operations management (OM)? a. The application of the concepts and methods of OM is limited to the technology industry. O b. OM is the only function by which managers can directly affect the value provided to all stakeholders. Oc. OM and its principles are exclusively applicable to firms that produce tangible products. € d. The activities involved in OM focus on creating value solely for external customers.
- 18 Which of the following statements is true with respect to Freddie Mac's and Fannie Mae's automated underwriting systems? A) Each system has the same approval guidelines. B) Each system underwrites loan applications differently. C) Each system will inform the mortgage loan originator when to process the loan through the other's system. D) Only Freddie Mac's automated underwriting system will accept blended ratios.Which of the following statements is / are not a strategic operations management decision. I. Determines the customer's quality expectations and establishes policies and procedures to identify and achieve that quality. II. Determines how to recruit, motivate, and retain personnel with the required talent and skills. People are an integral and expensive part of the total system design. II. Determines the customer's quality expectations and establishes policies and procedures to identify and achieve that quality. IV. Determine procedures govern how you process daily transactions, perform the monthly financial close, compare actual spending to what's budgeted and ensure you meet auditor and tax requirements. O l and IV O IV only O Il only O Il and IIIPolicies, rules, procedures and regulations are required in the firm. Explain theirsignificant effects on the operations of the firms?((600-700words)
- 1、One paragraph introducing your business. Here you can add the name of the business, type of business ownership, the type of business, location, number of workers and why you want to build such a business. 2、Explaining some of the ethical issues you are likely to face and how you will deal with them. [Here you can pick a specific ethical issue and analyze using the tool covered in the ethics lesson] 3、Provide basic information of the balance sheet for your first year. [Make up your own values for owner’s equity, liabilities, and assets] 4、Calculate two financial ratios and interpret your results using the information in “d”.Give 3 to 4 lines answer Q)How the operations research make the overall structure of the problem more comprehensible? Note: i only need short and correct answer i don't want full detail just the answer i am not feeling well i have to do this assignment kindly solve it Thanks in advanceMr. Nassir runs an interior design business. As part of his business, he provides advice to clients about how to decorate their houses or offices. He also sells interior design products such as curtains and interior plants. Based on this information, which of the options is correct? O a. Mr. Nassir business deals with goods and service O b. Mr. Nassir business is a manufacturing business c. Mr. Nassir business deals with goods only O d. Mr. Nassir business only provide service lenovo