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Control

question 49

Multiple Choice

Control:

Grasp the strategic nature of recruitment and hiring practices in organizations.
Identify techniques used by organizations to evaluate management potential in employees.
Comprehend the scope and time horizon of succession management.
Understand common development methods and the reasons behind their implementation.

Definitions:

Tolerate Failure

The capacity of an organization or system to endure and learn from failures without suffering catastrophic consequences.

Value Engineering

A systematic approach to improve the 'value' of products or services by using an examination of function. Value can be increased by either improving the function or reducing the cost.

Quality Function Deployment (QFD)

A process for determining customer requirements (customer “wants”) and translating them into the attributes (the “hows”) that each functional area can understand and act on.

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