Managers need TPS to monitor the status of internal operations and the firm's relations with the external environment.

Question

Quizplus · Accepted Answer

Managers rely on TPS to track and analyze various aspects of internal operations, such as production processes, inventory levels, and sales figures. TPS also helps managers stay informed about the state of the external environment, including market trends, customer preferences, and competition. By using TPS, managers can make better decisions, identify areas for improvement, and respond quickly to changes in the business environment.

Managers Need TPS to Monitor the Status of Internal Operations