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

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Definitions:

Industry Concentration

A measure of the degree to which a small number of firms dominate total industry output, sales, or employment.

Process Innovation

Introduction of a new or significantly improved production or delivery method, enhancing efficiency or quality.

Legal Protection

Measures and regulations established by law to safeguard individuals, businesses, and their intellectual properties against infringement and harm.

Original Innovators

Original Innovators are individuals or organizations that first develop a new product, process, or technology, paving the way for future developments and innovations.