A plant asset can be defined by which of the following statements? (Check all that apply.) Multiple select question. Its original cost (minus any salvage value) is expensed over its useful life. It is a tangible long-term asset. It has a life within the business greater than one year. Its original cost is expensed in the period in which it was purchased. It is reported on the balance sheet.

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1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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