Which of the Following Is One of the New Seven

question 69

Multiple Choice

Which of the following is one of the new seven tools for management?

• A) process map
• B) cause-and-effect diagram
• C) histogram
• D) check sheet
• E) affinity diagram

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Definitions:

Rent

The payment made by a tenant to use property owned by someone else for a predefined period.

Hourly Rate

A set amount that an employee is paid for each hour of work.

Estimate

A rough calculation or educated guess of a figure based on available information.

Amortization Table

A listing of the unpaid principal, the monthly payment, the amount allocated to paying down the principal, and the amount allocated to interest.