________ Are Operational Tools Used to Establish Labor Standards and Are

question 72

Multiple Choice

________ are operational tools used to establish labor standards and are useful for planning,control,productivity improvements,costing and pricing,bidding,compensation,motivation,and financial incentives.

• A)Work measurement methods
• B)Manpower plans
• C)Motion-study techniques
• D)Work method analyses
• E)Job design strategies

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Definitions:

Shareholder Wealth

The value that shareholders gain from their investment in a company, measured by stock prices and dividends.

Project Risk

The uncertainty associated with achieving project objectives within defined constraints such as scope, time, and budget.

Standard Deviation

Standard deviation is a statistical measure that quantifies the amount of variation or dispersion of a set of data values from the mean, often used to assess investment risks.

Beta

An indicator of the level of fluctuation, or inherent risk, associated with a specific security or portfolio in relation to the overall market.