Which of the Following Basic Types of Process Structures Is

question 42

Multiple Choice

Which of the following basic types of process structures is one which similar equipment or functions are grouped together?

• A)Project
• B)Workcenter
• C)Manufacturing cell
• D)Assembly line
• E)Continuous process

---

Definitions:

Nonsystematic Variance

The variability in a security's or a portfolio's returns that is not related to overall market movements.

Market Index

A method or metric to measure the performance of a group of stocks, representing a particular market or sector, to give investors a snapshot of its overall health.

Active Portfolio

An investment strategy where the portfolio manager makes specific investments with the goal of outperforming an investment benchmark index.

Nonsystematic Variance

The portion of a security's variance that is unique to the specific security and can be mitigated through diversification.