A Systematic Method to Continuously Augment How Organizations Conduct Business

question 18

Multiple Choice

A systematic method to continuously augment how organizations conduct business and projects best defines

• A)process improvement.
• B)product improvement.
• C)value chain improvement.
• D)business process reengineering.

---

Definitions:

Intersection

The point or set of points where two or more geometric figures, lines, or paths cross each other.

Subjective Method

A method of assigning probabilities on the basis of judgment.

Probabilities

Measures of the likelihood that an event will occur, expressed as a number between 0 and 1.

Probability Values

Numerical values that represent the likelihood of the occurrence of a specific event or outcome.