All business organizations must use some common terminology to describe the roles and responsibilities of people and entities within the organization. What term is described as the amount of product or service the entity is able to produce with the available materials, labor, and equipment?

Question

Quizplus · Accepted Answer

Capacity refers to the maximum amount of product or service that an organization can produce with the available resources such as materials, labor, and equipment.

All Business Organizations Must Use Some Common Terminology to Describe