COGNITIVE ASSESSMENT an Engineer Who Needs to Manage New Product

question 42

Multiple Choice

COGNITIVE ASSESSMENT An engineer who needs to manage new product development might use what type of software?

• A) project management software
• B) engineering management software
• C) product development management software
• D) process management software

---

Definitions:

Aggregate Demand

The aggregate requirement for all products and services within an economy, measured at a specific overall price level and during a certain time frame.

U.S. Government Securities

Financial instruments issued by the U.S. Department of the Treasury or other federal government agencies to finance federal spending, including Treasury bonds, notes, and bills.

Bank Reserves

The amounts of funds that a bank holds in its reserve account with the central bank or as cash in vault, to meet any sudden withdrawals.

Market Rate

The prevailing price or interest rate at which goods, services, or securities are bought and sold in a competitive marketplace.