What Is the Difference Between Mechanisms and Policies

question 18

Multiple Choice

What is the difference between mechanisms and policies?

• A) Mechanisms determine what will be done, while policies decide when it will be done
• B) Mechanisms determine how something will be done, while policies decide what will be done
• C) Mechanisms determine how something will be done, while policies decide why something will be done
• D) Mechanisms determine what will be done, while policies decide how it will be done

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Definitions:

Actual Price (AP)

The real price at which a transaction occurs, as opposed to an estimated or theoretical price.

Perfection Standards

Ideal or flawless benchmarks set for processes or products to ensure the highest quality level attainable.

Optimum Operating Conditions

The most favorable conditions under which a process, system, or machine operates most efficiently and effectively.

Peak Efficiency

The optimal state of operation where resources are used most effectively and the output is maximized without waste.