Time-Based Approaches of Business Organizations Focus on Reducing the Time

question 48

Multiple Choice

Time-based approaches of business organizations focus on reducing the time to accomplish certain necessary activities. Time reductions seldom apply to:

• A)product/service design time.
• B)processing time.
• C)delivery time.
• D)response time for complaints.
• E)internal audits.

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Definitions:

Illusion of Unanimity

The perception within a group that everyone agrees, even if they do not, often resulting from the pressure to conform.

Illusion of Invulnerability

An inflated belief in one's own ability to avoid dangers or risks, often leading to increased risk-taking behavior.

Consensus

A general agreement or shared opinion among a group of people.

Ingroup Bias

The inclination to prefer individuals from one's own group over those from outside groups, frequently resulting in bias and unfair treatment.