Which of the Following Is NOT a Response from Operations

question 45

Multiple Choice

Which of the following is NOT a response from operations to the changing business environment?

• A) Technologies replacing manual jobs
• B) Flexible working patterns
• C) Mass marketing
• D) Lean process design

Understand the concept and importance of capital rationing in project selection.

Calculate and interpret NPV (Net Present Value) for varying projects.

Calculate and interpret IRR (Internal Rate of Return) for different investments.

Apply payback period analysis in project evaluation.

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Definitions:

Big Five

A model describing five broad dimensions of personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Correlate

To possess a reciprocal relationship or link, where one entity influences or is contingent upon another.

Conscientiousness

A character quality marked by being well-organized, reliable, and having a profound dedication to responsibility.

Self-Discipline

The capability to manage one's emotions and conquer personal shortcomings, as well as the strength to follow what one believes is correct, even when faced with temptations to give it up.