Operations management is likely to play a key role in American firms regaining their preeminence among world companies
Indicate whether the statement is true or false.
Answer: TRUE
Explanation: Operations management, the control of the process that transforms inputs into goods and services, is key to success in today's competitive business world. If American companies regain dominance, operations management is likely to have contributed substantially to their success.
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Which of the following statements is true regarding the percentage of sales approach to budgeting?
A) It views advertisement as an investment measures its return by calculating percentage increase in sales for a particular period. B) It attempts to spend at levels proportional to the competition's spending. C) Approach is based on the belief that advertising causes sale. D) It selects a percentage of sales, either past or expected to devote to advertising.
The Tax Reform Act of 1976 created the Public Company Accounting Oversight Board (PCAOB)
Indicate whether the statement is true or false