*NURSING > A-Level Question Paper > NURS 6512 midterm - WGU C720 OA LATEST EXAM 2023-2024 (All)

NURS 6512 midterm - WGU C720 OA LATEST EXAM 2023-2024

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A new, energy-efficient furnace is being installed in a steel factory. Because it would have added 10% to the cost of the furnace, management has decided not to install the optional safety override ... for the furnace. This decision is most likely to lead to which of the following? - ANSWER- An increase in legal costs Refers to the organizational issue of balancing financial profitability with environmental responsibility - ANSWER- sustainability Operations managers rarely become involved with worker safety or environmental pollution complaints because such ethical issues are only handled by an organizations legal department. True or False - ANSWER- False SWOT analysis is used as a tool when a firm crafts a strategy that helps distinguish itself among competitors, develops competitive advantages, and avoids barriers within the business environment. - ANSWER- strategic The difference between the lowest cost producer of a good and the next lowest cost producer of the same good is known as a - ANSWER- Relative advantage Characteristics associated with a perpetual inventory system - ANSWER- -when a company needs to know exact inventory balances at all times -when a company wants accurate financial statements Under what two conditions should I periodic review system be adopted - ANSWER- -When a supplier will only deliver at a specific interval -when a company must manually track inventory levels SWOT analysis is used as a tool when used to uncover exploitable opportunities within the competitive landscape. - ANSWER- simple What best describes a competitive advantage? - ANSWER- A capability valued by customers that gives a firm in edge over its rivals [Show More]

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