Which Kind of Data Are the Most Cost-Effective to Collect

question 35

Multiple Choice

Which kind of data are the most cost-effective to collect?

• A) L
• B) S
• C) I
• D) B

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Definitions:

Time And Motion Studies

Analytical techniques used to study work processes and optimize productivity by investigating the time required to complete tasks and the motions involved in their completion.

Management Paradigm

A set of principles and practices that guide how an organization is managed, influencing approaches to leadership, decision-making, and organizational culture.

Scientific Management

An approach to management that analyzes and synthesizes workflows, aiming to improve economic efficiency, especially labor productivity, through scientific methods.

Mass Manufacturing

The production of large quantities of standardized products, often utilizing assembly lines and automation to achieve efficiency and economies of scale.