What Is One Challenge That Managers Must Confront When Managing

question 5

Multiple Choice

What is one challenge that managers must confront when managing in times of uncertainty and potential downsizing?

• A) focus on the short-term
• B) pay attention to middle-management
• C) control the rumour mill
• D) take charge and minimize involvement

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Definitions:

Maximum Cycle Time

The longest allowable period for completing a cycle or process from start to finish.

Efficiency

The ratio of useful output to total input, indicating the effectiveness with which resources are converted into outputs.

Network Diagram

A graphical representation of tasks, activities, or projects showing their sequential relationships and dependencies.

Takt Time

The rate at which a finished product needs to be completed in order to meet customer demand.