What Is the Normal Time (NT)for This Task If the Employee

question 89

Multiple Choice

What is the normal time (NT) for this task if the employee worked at a fifty percent faster pace than the average?

• A) 45 seconds
• B) 60 seconds
• C) 90 seconds
• D) 135 seconds
• E) 180 seconds

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Definitions:

Patents

Legal rights granted to inventors to exclusively produce, use, and sell their invention for a certain period of time, providing protection against unauthorized use.

R&D Expenditure

Funding allocated towards research and development activities to innovate or improve products or services.

Expected Rate of Return

A measure of the anticipated profit or loss on an investment, expressed as a percentage of the investment's initial cost.

Fast-Second Strategies

Business tactics employed by companies to quickly follow innovators, capitalizing on the market research and initial developments made by the first movers without bearing the same risks or costs.