One of the Best Tools for Assessing the Impacts of Identified

question 119

Multiple Choice

One of the best tools for assessing the impacts of identified risks in the design of a hydroelectric dam and power station is:

• A) Failure mode and effects analysis
• B) Mean time between failure
• C) Cost of poor quality
• D) Reliability studies

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Definitions:

Market Segmentation

Process of dividing a total market into several relatively homogeneous groups.

Consumer Behavior

Actions of ultimate consumers directly involved in obtaining, consuming, and disposing of products and the decision processes that precede and follow these actions.

Marketing

Activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.

Offering

A product, service, or combination thereof that a company presents to its customers.