Managers Can Work to Reduce Waste,inefficiency,and Poor Performance by Examining

question 104

Multiple Choice

Managers can work to reduce waste,inefficiency,and poor performance by examining procedures on a step-by-step basis.Which term describes this process?

• A) Advance planning
• B) Materials management
• C) Methods improvement
• D) Quality planning
• E) Quality ownership

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Definitions:

New-Product Development

The process of bringing a new product to the marketplace, from idea generation to commercialization.

Commercialization

The process of bringing a new product or service to the market, involving production, distribution, marketing, and sales strategies.

Full-Scale Production

The phase in manufacturing where products are produced at the maximum capacity following the completion of pilot runs and testing.

New-Product Development

The complete process of bringing a new product or service to market, from concept creation and development to commercialization.