Which of the Following Statements Regarding the Usefulness of Learning

question 60

Multiple Choice

Which of the following statements regarding the usefulness of learning curves is false?

• A) An external use of learning curves is in supply-chain negotiations.
• B) A strategic use of learning curves is in evaluating company and industry performance.
• C) An internal use of learning curves is in establishing costs.
• D) An internal use of learning curves is in labor forecasting.
• E) A strategic use of learning curves is in establishing budgets.

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Definitions:

Act of Ratification

The official approval or confirmation of an act or agreement, making it valid and legally binding.

Agreement Effective

The point in time when an agreement becomes legally binding and enforceable.

Negotiated

The process of discussing and arriving at a mutual agreement between parties, each with their own interests and objectives.

Elect to Sue

The act of choosing or deciding to initiate a legal proceeding against an individual or entity.