BUSN 115 STUDY Career Path Begins/busn115study.com BUSN 115 STUDY Career Path Begins/busn115study.com | Page 41

establishing clear and concise expectations of factual
information.
conducting a series of time-checks throughout the meeting.
Question 15.15. (TCO 6) Production and operations management is
best described by which of the following? (Points : 5)
Overseeing all of the activities involved in producing goods and
services
Designing machines to do multiple tasks
Tailoring products to meet the needs of a large number of
customers
Using technology and robotic units to assist with plant operations
Short production runs and the machines being adjusted
frequently
Question 16.16. (TCO 7) A common reason that companies fail is
(Points : 5)
underspecialization.
an excellent control of cash flow.
a lack of adequate sales revenue.
an inadequate control of expenses.
an inadequate managerial expertise.
Question 17.17. (TCO 7) What are the three interrelated reports
required by law for all publically traded companies that act as vital
management tools for all companies, big and small? (Points : 5)