Which of the Following Correctly Pairs a Technique with Its

question 41

Multiple Choice

Which of the following correctly pairs a technique with its approach?

• A)The program evaluation and review technique (PERT)uses probabilistic estimation to determine the duration of an activity.
• B)The critical path method (CPM)uses subjective estimation to determine the duration of an activity.
• C)The program evaluation and review technique (PERT)uses optimistic estimation to determine the duration of an activity.
• D)The critical path method (CPM)uses pessimistic estimation to determine the duration of an activity.

Identify the characteristics of one-to-one marketing and how it applies to luxury and custom-made products.

Discuss the evolution of marketing strategies over time and how today’s strategies are more precise.

Acknowledge the key issues marketers face during the purchase stage, including product availability and form utility.

Understand the implications of specialization through focused marketing and market concentration.

---

Definitions:

Setup Activity

The tasks involved in preparing equipment or processes for a new production run or activity, often considered in activity-based costing.

Process Engineer

A professional who designs, implements, controls, and optimizes industrial processes, especially continuous ones within the chemical, energy, or manufacturing sectors.

Activity-Based Costing

A costing method that assigns overhead and indirect costs to specific activities, providing a more accurate reflection of the costs incurred.

Highlight

A highlight is a feature or element that is emphasized or made more noticeable, often used to draw attention to a specific point or detail.