Which of the following is not one of the steps in operational planning?
A. Adjusting products or services to meet demand
B. Designing new products or services
C. Selecting a planning horizon
D. Comparing market demand with capacity
E. Estimating market demand
Answer: B
You might also like to view...
The accounting department reports that the balance of accounts receivable is $210,000. You are willing to accept that balance if audit sampling suggests it is within $15,000 of the actual balance. Using a classical variables sampling plan, you compute a 95% confidence interval of $208,000 to $225,000. You would therefore:
A. not be able to determine the acceptability of the receivable balance. B. accept the $210,000 balance because the confidence interval is within the materiality limits. C. accept the balance but with a lower level of confidence. D. take a larger sample before totally rejecting the balance and requiring adjustments.
For consumer products, which of the following is best in tracking a competitor's segmentation and target market strategy.?
A) media advertising B) coupon usage C) trade promotion D) your own sales force
The cumulative effects of other comprehensive income items is included in retained earnings, on the balance sheet, as accumulated other comprehensive income
Indicate whether the statement is true or false
Managers should be paid
a. on a periodic scale. b. based on results achieved. c. on a piece rate basis. d. using ESOPs.