All Transportation Modes Can Be Evaluated by Using All of the Following

question 237

Multiple Choice

All transportation modes can be evaluated by using all of the following criteria, except:

• A)customer service
• B)time
• C)cost
• D)dependability

Grasp the concept of coordination in organization and its importance in achieving consistency.

Understand the effects of functional specialization on quality, change management, and inter-functional coordination.

Know about horizontal and vertical specialization and their implications for departmentalization and division of labor.

Comprehend the principles behind various organizational designs including simple design, adhocracy, and bureaucracy.

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Definitions:

Project

A planned endeavor, typically involving research or design, that is carefully planned to achieve a particular aim.

PI

A mathematical constant approximately equal to 3.14159, representing the ratio of a circle's circumference to its diameter; if the context is finance, PI could refer to Profitability Index, indicating the ratio of payoff to investment for a project.

Profitability Index

A financial tool that calculates the relationship between the costs and benefits of a project by dividing the present value of future cash flows by the initial investment.

Limited Funds

A condition where resources, especially money, are finite or restricted in availability.