A Bottleneck

question 27

Multiple Choice

A bottleneck:

• A) Is not a capacity constraint
• B) Has an opportunity cost of lost revenue from unmet demand
• C) Is unrelated to capacity
• D) Cannot be used efficiently

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Definitions:

Internal Environment

The Internal Environment refers to the conditions, entities, events, and factors within an organization that influence its activities and choices.

SWOT Analysis

A strategic planning technique used to identify and evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project or business venture.

Competitive Scopes

The range or domain in which a company chooses to compete, based on factors like geography, product range, and market segment.

Action Plans

Detailed strategies outlining the steps necessary to achieve a particular goal or objective.