Identify the four Ms of the inputs in workflow analysis.
What will be an ideal response?
The inputs in workflow analysis are known as the four Ms: machines (tools, equipment, and machines), material (physical resources used in production), manpower (the people needed in a particular production process), and money (the capital that must be spent to perform our processes).
You might also like to view...
Answer the following statements true (T) or false (F)
1. Opportunities should be identified in the alternative evaluation stage of the decision-making process. 2. Analyzing the underlying causes of a problem or an opportunity is called diagnosis. 3. Women investors make trades much less often than men, do a lot more research, and have better returns on average. 4. When evaluating alternatives in decision making, you must assess cost and quality and also ask the question, "Is it simple?"
St. Petersburg Company makes a $1,200 purchase of merchandise inventory for cash. This transaction will be recorded in the ________.
A) cash payments journal B) general journal C) cash receipts journal D) purchase journal
Which of the following should Clyde most likely emphasize when developing marketing materials for Quick-Clean?
A) environmental impact of Quick-Clean and E-Z Clean washing machines B) negative aspects of E-Z Clean services in comparison to Quick-Clean C) benefits to customers of using Quick-Clean D) statistical data about Quick-Clean sales E) features offered by Quick-Clean
The amount a paralegal charges for billable hours is the same amount as the hourly wage the paralegal receives
Indicate whether the statement is true or false