Which of the Following Activities Would Be a Part of Facilities

question 47

Multiple Choice

Which of the following activities would be a part of facilities management?

• A) designing a new product
• B) devising a marketing strategy
• C) ensuring that the office building adheres to safety standards
• D) delivering the finished product to the customer
• E) maintaining demographic and contact details of potential customers

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Definitions:

IRR

Internal rate of return; a financial metric used to assess the profitability of investments by calculating the rate of return where net present value of all cash flows (both positive and negative) from a project equals zero.

Project

A temporary endeavor undertaken to create a unique product, service, or result.

Payback Criterion

A capital budgeting method that measures the time required to recoup the initial investment in a project.

Mutually Exclusive

Referring to events or choices that cannot occur or be taken simultaneously; selecting one option excludes the availability or selection of the other.