The Owner of a Large Manufacturing Company Wishes to Develop

question 46

Short Answer

The owner of a large manufacturing company wishes to develop a new employee health benefits package.He selects 500 employees at random and asks them about their preferences regarding their current health benefits package.The 500 employees selected is a(n)____________________.

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Definitions:

Goods or Services

The outcome of business activities which can be either physical products (goods) or intangible offerings (services) provided to customers.

Process

A series of actions or steps taken in order to achieve a particular end.

Specific Sequence

An exact order in which related events or processes occur.

Inputs and Outputs

In a system or process, inputs are the resources used, while outputs are the products or services generated.