When Discussing Variation in the Output of a Process,which of the Following

question 12

Multiple Choice

When discussing variation in the output of a process,which of the following is not true?

• A)Variation is natural.
• B)No two products or services are exactly the same.
• C)With a fine enough measurement gauge,all things can be seen to differ.
• D)Common cause variation can be eliminated.

---

Definitions:

Business Cycle

The natural fluctuation of economic activity over time, marked by periods of expansion, peak, contraction, and trough.

Recovery Stage

A phase in the economic cycle or in the lifecycle of a project where performance begins to improve after a period of decline or recession.

Business Spending

The expenditure by businesses on goods and services, including capital goods and labor.

Consumer Spending

The total amount of money spent by consumers on goods and services within an economy.