An Analysis for Ranking Problems from Most Significant to Least

question 29

Multiple Choice

An analysis for ranking problems from most significant to least significant is called a:

• A) Pareto
• B) Cause-and-effect
• C) Flow chart
• D) Mass customization

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Definitions:

Operating Activities

Activities directly related to the primary business operations of a company, including the production, distribution, and sale of goods and services.

Net Income

The total profit of a company after all revenues, expenses, taxes, and dividends have been deducted.

Dividends

Payments made by a corporation to its shareholder members, usually derived from the company's profits.

Operating Activities

Day-to-day actions and transactions related to running a business, such as selling products, paying wages, and purchasing inventory.