What Is the Term Used to Denote the Science of Designing

question 68

Multiple Choice

What is the term used to denote the science of designing machines, products, and systems to maximize the safety, comfort, and efficiency of the people who use them?

• A)systems development
• B)personal protection
• C)ergonomics
• D)ethics

Understand the concept and types of venture philanthropy funding.

Recognize the potential growth of the social venture capitalist (SVC) market.

Grasp the fundamental attributes and significance of stakeholders in social entrepreneurship.

Distinguish between different models of social entrepreneurship, including hybrid models.

---

Definitions:

Financial Statements

Compiled financial data that provides an overview of a company's financial position, including balance sheet, income statement, and cash flow statement.

Inventory

Items kept on hand by a company for the purpose of production or sale, encompassing raw materials, work-in-progress, and finished goods.

Moving-average Cost Method

An inventory valuation method that averages the costs of inventory over a period to calculate the cost of goods sold and ending inventory valuation.

Average-cost Method

The average-cost method is an inventory costing method that assigns an average cost to each item in inventory, used to determine the cost of goods sold and ending inventory values.