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17 December, 07:49

Which of the following statements is (are) true? ""Outsourcing"" is the ability of any organization to respond quickly to demands or opportunities. ""Lead time"" is the time between ordering a good or service and receiving it. An example of a strategic operations management decision is choice of location.

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  1. 17 December, 08:00
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    Lead time is the time between ordering a good or service and receiving it.

    An example of a strategic operations management decision is choice of location.

    Explanation:

    these two statements are true because Lead time is the time between two activities actually the start of a process and the end of it.

    Choice of location impacts on the profitability of a company therefore choosing a good location is a strategic operation management decision.
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Home » Business » Which of the following statements is (are) true? ""Outsourcing"" is the ability of any organization to respond quickly to demands or opportunities. ""Lead time"" is the time between ordering a good or service and receiving it.
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