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Which one of the following statements is best about process management?
a. When customization must be high, equipment should be general purpose, and employees need to perform a broader range of duties.
b. The traditional relationship between capital intensity and resource flexibility is that if one is high, so is the other.
c. Economies of scope mean that a process should be devoted to a single product or service to achieve high volumes.
d. Creating a more capital-intensive process tends to reduce the fixed cost and raise the variable unit cost.
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Compare and contrast the key responsibilities of certified management accountants and certified public accountants. Select the career path that you plan to pursue, and explain why you chose that path.
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