Which of the Following Goals Is Most Likely to Be

question 10

Multiple Choice

Which of the following goals is most likely to be set by an Olympic athlete?

• A) Improving overall performance
• B) Having fun during competitions
• C) Winning competitions
• D) Staying fit

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Definitions:

Uncertainty of Demand

The unpredictability associated with the future demand for a product or service, making planning and forecasting challenging.

Flexible Production Capacity

The ability of a manufacturing process to adapt and respond to changes in demand by varying the amount of products produced without sacrificing efficiency or incurring significant costs.

Price

The amount of money required to purchase a product or service.

Risk Mitigation Strategies

Methods or plans implemented to reduce the likelihood or impact of potential threats to a business or project.