Which of the Following Is Not True About Value Analysis

question 71

Multiple Choice

Which of the following is not true about value analysis?

• A)It involves an examination of the function of purchased parts or products.
• B)Its purpose is to reduce costs and/or improve performance of purchased goods or services.
• C)It is usually performed only periodically.
• D)Representatives from design and operations may work with purchasing.
• E)If improvements are identified,purchasing usually has the authority to implement them.

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Definitions:

Selfish Goals

Objectives that are primarily focused on personal gain, often at the expense of others or the collective good.

Personal Gain

The acquisition of benefits or advantages for one's own self, often in the context of advancing personal interests or wealth.

Project OXYGEN

A project by Google aimed at identifying and cultivating effective management and leadership practices.

Managers

Individuals responsible for planning, directing, and overseeing the operations and employees within an organization.