Which of These Steps Is Part of the Continuous Improvement

question 16

Multiple Choice

Which of these steps is part of the continuous improvement model?

• A)Gap analysis
• B)Preaudit
• C)Process mapping
• D)Higher productivity
• E)None of the above

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Definitions:

Net Operating Income

The total profit of a company after operating expenses are deducted from operating revenues, but before interest and taxes are deducted.

Divisional Segment Margin

The profit or loss generated by a specific division or segment of a business, highlighting its financial performance independently.

Net Operating Income

Earnings from a firm's principal operations, not including interest and tax deductions.

Common Fixed Expenses

Overhead costs that are not directly tied to production or sales volume, including rent, salaries, and insurance, shared across departments or product lines.