All of the Following Statements About Business Objectives in Designing

question 14

Multiple Choice

All of the following statements about business objectives in designing a rating system are true EXCEPT

• A)The rating system should encourage loss control activities.
• B)The rating system should be independent of long-run changes in economic conditions.
• C)The rating system should be simple to understand.
• D)The rating system should be stable over short periods so that consumer satisfaction can be maintained.

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Definitions:

Medicine

The applied science of healing or treating diseases to enhance an individual’s health and well-being.

Industrial Mental Health

The study and practice of maintaining and improving mental health in the workplace.

Inputs into Outputs

The process of transforming resources or inputs (such as labor, materials, and information) into products, services, or results (outputs).

Internal Components

The elements or parts within a system, organization, or device that function together to ensure its operation or effectiveness.