Prevention Attempts to Keep Errors Out of a Process, Whereas

question 40

Multiple Choice

Prevention attempts to keep errors out of a process, whereas ________ attempts to keep errors from reaching the final customer.

• A) monitoring
• B) control
• C) reaction
• D) inspection

---

Definitions:

Inefficient Production

The process of producing goods or services in a way that uses more resources or takes more time than necessary, leading to wasted potential outputs.

Production Possibilities Frontier

A curve depicting all maximum output possibilities for two goods, given a set of inputs consisting of resources and other factors.

Increasing Opportunity Cost

A principle that states as more resources are dedicated to an activity, the cost of producing an additional unit increases.

Bowed Inward

Describes a concave shape of an economic curve, such as the production possibility frontier, indicating increasing opportunity costs.