The underlying assumption for the systems perspective is that outstanding performance depends on interactions between and among the multiple elements of organization;
between the people, processes, structure, and values of the
organization; and between the organization and its external environment.
Indicate whether the statement is true or false.
True
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Which of the following is the last step in the daily control over cash receipts by mail?
A) A mailroom employee sends all customer checks to the treasurer who has the cashier make the bank deposit. B) The controller opens the mail and sends the remittance advices to the accounting department. C) The controller compares the records of the day's bank deposit amount from the treasurer and the debit to cash from the accounting department. D) The accounting department prepares journal entries to cash and the customers' accounts.
Highly automated batch processes that can reduce the cost of making similar groups of products are:
A) functional layouts. B) flexible manufacturing systems. C) make-to-stock. D) adjacent processes.