Matching -Automation

question 28

Multiple Choice

Matching
-Automation

• A)A building designed and built to support a particular service or function.
• B)The design of space in an organization that specifies the workflow.
• C)A characteristic of an organization that provides strategic access to all segments, vendors, and vitality.
• D)The implementation of manufacturing through an electronic device that does not need continual operations support.
• E)The implementation of best practices to eliminate inefficiencies and waste while increasing profit.
• F)A production method that provides an item as needed versus keeping inventory in stock.
• G)A network of interconnected businesses that are strategically aligned to provide product and service packages.
• H)A process where an organization engages in incremental adaptation based on real-time feedback to push toward better engagement and overall productivity.

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Definitions:

Probability Distribution

A mathematical function that outlines every potential value and their probabilities that a random variable might assume across a specified interval.

Statistical Representation

The use of graphical or numerical methods to display and summarize data, making it easier to understand and interpret.

Average Investor's Expected Return

The anticipated amount of profit or loss an investor predicts to make from an investment, based on historical data and future projections.

Unsystematic Risk

The risk specific to an individual investment or company, which can be mitigated through diversification.