Which of the Following Is a Reason That Most Managers

question 108

Multiple Choice

Which of the following is a reason that most managers support the use of attainable standards rather than ideal standards?

• A)Attainable standards allow for an occasional equipment failure.
• B)Attainable standards recognize that suppliers must provide raw materials with no defects.
• C)Attainable standards are required in order to have zero variances.
• D)Attainable standards motivate employees to achieve perfection.

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Definitions:

Value Chain

A value chain outlines the full range of activities required to bring a product or service from conception through to delivery and beyond, highlighting where value is added at each step.

Functional Strategies

Detailed plans laid out for each department or function within an organization, supporting the overall business strategy.

Supply Chain

A network of interconnected businesses involved in the ultimate provision of product and service packages required by end users.

Uncertainty

The lack of predictability or certainty in situations, often affecting decision-making in businesses and markets.