Managers Relax Constraints By: I $\quad$ Using Constrained Resources More Effectively
II

question 110

Multiple Choice

Managers relax constraints by: I $\quad$ Using constrained resources more effectively
II $\quad$ Increasing available resources
III $\quad$ Reducing demand

• A) I only
• B) II only
• C) I and II only
• D) I, II, and III

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Definitions:

Risk Analysis

The process of identifying, assessing, and prioritizing risks to the project and planning for potential mitigation.

Industry Type

Classifications of various sectors of the economy based on the primary activity they engage in, such as manufacturing, services, or technology.

Risk Averse

A trait or behavior where an individual or entity prefers to avoid risk rather than facing uncertainty, often opting for safer alternatives.

Risk Checklists

Tools or lists used to identify, assess, and manage potential risks in a project or operation.