Which of the Following Advanced Methods for EC Justification and Evaluation

question 26

Multiple Choice

Which of the following advanced methods for EC justification and evaluation uses the idea of critical success factors and focuses on key organizational objectives and the potential impacts of the proposed EC project on each of them?

• A) benchmarks
• B) management by maxim
• C) performance dashboard
• D) information economics

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Definitions:

Stopwatch Study

A time measurement technique used to observe and record the time taken to perform a specific task, often for the purpose of improving operational efficiency.

Adequate Sample

is a sample size considered sufficient for statistical analysis, ensuring the results are reliable and reflective of the whole population.

Work Measurement

The process of determining the time required by a qualified worker to carry out a defined task under specified conditions.

Statistical Tool

Methodologies and techniques used for analyzing data to identify patterns, trends, and relationships among variables.