Which of the Following Best Describes the Hidden Factory

question 12

Multiple Choice

Which of the following best describes the hidden factory?

• A) system that links together supplier and customer information systems
• B) non-value-chain activities having costs but no effect on the customer
• C) firms involved in outsourcing business activities
• D) disaggregation of a firm into its core activities
• E) value-chain activities that add value for the customer

Assess probability distributions and their legitimacy in practical scenarios.

Determine probabilities involving complementary events and their properties.

Evaluate the impact of specific characteristics or parameters on probability outcomes.

Apply probability theory to real-life contexts, such as polling, gaming, and consumer behavior.

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Definitions:

Environmentally Conscious

Being aware of the environmental impact of one's actions and making decisions that aim to reduce negative effects on the planet.

Employee Empowerment

A management practice of giving employees the autonomy, resources, and skills to make decisions and contribute to company goals.

Technical Skills

Specific knowledge or abilities required for a particular job or activity, often relating to competence in a certain craft or technology.

Cognitive Skills

The mental capabilities involved in learning, thinking, problem-solving, and decision-making.