Which of the Following Is a Data Analysis and Solution

question 1

Multiple Choice

Which of the following is a data analysis and solution development tool from the operations consulting tool kit?

• A)Bottleneck analysis
• B)Employee surveys
• C)Gap analysis
• D)Balanced scorecard
• E)Responsibility charts

---

Definitions:

Market Price

The market price at which you can currently buy or sell a service or asset.

Efficient Equilibrium

A state in an economy where every resource is optimally allocated to serve each individual or entity in the best way while minimizing waste and inefficiency.

External Benefits

Benefits resulting from a transaction that affect parties not directly involved in the transaction, often leading to positive outcomes for society.

External Costs

Costs of a transaction or activity that affect third parties who did not choose to incur that cost, often seen in environmental pollution.