In a business, whose job is it to draw up plans to transform resources into products and bring together basic resources, such as knowledge, physical materials, equipment, and labor?
A) CEO
B) Operations manager
C) Quality manager
D) Floor foreman
E) Supply manager
Answer: B
Explanation: B) Operations managers are responsible for ensuring that operations processes create value and provide benefits to customers.
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Fred used to be a high performing sales rep for you. However, he has not performed well lately. You've decided it was time to have a talk with Fred. Among the list of things you want to occur in this meeting is for Fred to realize what he needs to do to increase his motivation. You plan on explaining expectancy theory which is based on the relationship between:
a. effort, performance, and rewards. b. ability, desire, and goals. c. performance and rewards only. d. effort, motivation and sales volume. e. ability, effort, and sales volume.
The return on an asset is the change in its value plus any cash distribution over a given period of time, expressed as a percentage of its ending value
Indicate whether the statement is true or false