The Identification and Elimination of Activities That Fail to Add

question 122

Multiple Choice

The identification and elimination of activities that fail to add value refers to

• A) external failures.
• B) activity reduction.
• C) internal failures.
• D) activity elimination.

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Definitions:

Federal Law

Legislation that has been enacted by the national government and applies throughout the country.

Service Mark

A type of trademark used to identify and distinguish the services (rather than goods) provided by one entity from those of others.

Work For Hire

A term in copyright law where the creation of the work automatically grants copyright ownership to the employer or commissioner rather than the individual who created it.

Presumption Of Abandonment

A legal assumption that property has been deserted or forsaken by its owner, often impacting the rights to claim or dispose of the property.