A __________ Is a Group of Tasks Related to One

question 53

Multiple Choice

A __________ is a group of tasks related to one another that collectively creates something of value to a customer.

• A) manufacturing system
• B) work group
• C) work process
• D) job
• E) work team

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Definitions:

Globalization

The method through which companies or various organizations expand their influence globally or begin to function at an international level.

Exports

Commodities or services sent overseas for the objective of being sold or traded.

Opportunity Cost

The cost of an alternative that must be foregone in order to pursue a certain action. Essentially, the benefits you could have received by taking an alternative action.

Value of the Dollar

An expression of the dollar's strength, usually compared against other currencies, which determines the buying power of the dollar in international markets.