Which of the Following Is Not One of the Steps

question 63

Multiple Choice

Which of the following is not one of the steps in strategic planning?

• A) Transferring the successful process used in a developed country to an emerging economy
• B) Scanning the external environment for opportunities and threats
• C) Conducting an internal resource analysis of company strengths and weaknesses
• D) Formulating goals in light of the external scanning and internal analysis

Distinguish between relay outputs on VFDs and auxiliary contacts on traditional motor starters.

Understand the programmability and flexibility of input functions in VFD applications.

Understand the benefits and principles of VFD (Variable Frequency Drive) technology and its impact on motor operation.

Identify the types of motors that are compatible with VFDs and their characteristics.

---

Definitions:

Relative Change

The measure of change in a variable relative to its initial value, often expressed as a percentage.

Inelastic

Describes a situation where the quantity demanded or supplied of a good or service changes by a relatively small amount in response to changes in its price.

Quantity Demanded

The amount of a product or service consumers are willing and able to buy at a given price over a specified period of time.

Unit Elasticity

Demand or supply for which the elasticity coefficient is equal to 1; means that the percentage change in the quantity demanded or quantity supplied is equal to the percentage change in price.