The Time an Activity Can Be Delayed Without Affecting the Immediately

question 61

Multiple Choice

The time an activity can be delayed without affecting the immediately following activity is called:

• A)lag time.
• B)free slack.
• C)lead time.
• D)total slack.

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Definitions:

Business Judgment

The decision-making process undertaken by company directors or officers that is characterized by a reasonable level of discernment and is in the interest of the company.

Breach

A violation or infringement of a legal obligation, contract, or law.

Employment Contract

A legal agreement between an employer and an employee that outlines the terms and conditions of employment.

Duty Of Loyalty

An obligation for individuals in certain roles to act in the best interest of another person or entity, typically within a fiduciary relationship.