Managers Can _____ by Updating the Production Process to Take

question 76

Multiple Choice

Managers can _____ by updating the production process to take advantage of new and more efficient technologies.

• A) increase responsiveness to customers
• B) increase efficiency
• C) establish an electronic trail
• D) cause information overload
• E) lower information richness

---

Definitions:

Actual Performance

The real, observed output, result, or productivity as opposed to planned or expected performance.

Opportunity Situation

Refers to a set of circumstances that presents a chance for an individual or organization to achieve a specific goal or benefit.

Management By Exception

A management strategy where managers intervene only when performance deviates significantly from set standards.

Control Process

The control process is an essential part of management that involves monitoring performance, comparing it with goals, and taking corrective action as needed.