WGU C720 OA LATEST EXAM 2023-2024 REAL EXAM 200 QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS)|AGRADE 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