GE's Planning Grid Approach

question 64

Multiple Choice

GE's planning grid approach

• A)doesn't work,because given the subjective evaluations involved,different managers usually come to different conclusions.
• B)is really the same thing as the total profit approach.
• C)overemphasizes short-term profitability.
• D)is superficial because it considers only size and expected market share and ignores other possibly important factors.
• E)could be adapted easily by another firm with different objectives.

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Definitions:

Status Indicator

A device or symbol that provides visual or auditory information about the condition or state of a system, equipment, or process.

XIO Condition

An instruction in PLC programming that stands for "Examine if Off," used to check if a specific condition or input is false or not activated.

Processor Module

A processor module refers to a self-contained unit within a computer or embedded system that contains a processor and other necessary components for processing data.

Status Indicators

"LEDs that indicate the on-off status of an input or output point and are visible on the outside of the PLC."