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Question 7 A virtual organization has little or no formal structure. Question 8 Materials management involves the flow of materials inside of the production facility,
Question 7 A virtual organization has little or no formal structure. Question 8 Materials management involves the flow of materials inside of the production facility, while distribution management involves the flow of finished goods. Question 9 Inventory control is the means of moving resources to the producer and finished goods to the customer. Question 10 The use of teams can increase motivation and job satisfaction. Section B - MCQ - 20 marks Answer ALL question in this section Question 1 is money that an organization brings in through the sale of its goods and services a) Competitive advantage b) Revenue c) Sales d) Capital investment
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