Which of the Following Best Defines the General Electric Workout

question 49

Multiple Choice

Which of the following best defines the General Electric workout?

• A) It is based on incremental improvements to a dominant technological design such that the improved technology is fully backward compatible with the older technology.
• B) It is an approach to innovation that assumes that incremental innovation can be planned using a series of steps and that compressing those steps can speed innovation.
• C) It is a three-day meeting in which managers and employees from different levels and parts of an organization quickly generate and act on solutions to specific business problems.
• D) It is a philosophy and collection of planned change interventions designed to improve an organization's long-term health and performance.

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Definitions:

Statistical Technique

A body of methods used for collecting, analyzing, interpreting, and presenting empirical data.

Television Network

An organization that provides content for television broadcast over various stations or channels, reaching a wide audience.

Kruskal-Wallis Test

A non-parametric method for testing whether samples originate from the same distribution, used when the ANOVA assumptions are not met.

Significance Level

The threshold at which the null hypothesis is rejected in statistical testing, often denoted as alpha (α).