In Process Mapping Derived from 'Scientific Management', What Does the Following

question 38

Multiple Choice

In process mapping derived from 'scientific management', what does the following symbol represent?

• A) Decision
• B) Direction of flow
• C) Transport
• D) Inspection
• E) Operation
• F) Delay
• G) Storage

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Definitions:

Elastic

Describes a situation in economics where the demand or supply of a good or service significantly changes in response to a change in price.

Seller

An individual or entity that offers goods or services for sale.

Tax

is a compulsory financial charge or some other type of levy imposed on a taxpayer by a government organization in order to fund government spending and various public expenditures.

Elasticity

A measure of how much the quantity demanded or supplied of a good changes in response to a change in price or other economic variable.