Which of the Following Goals Would Be the Easiest to Implement

question 24

Multiple Choice

Which of the following goals would be the easiest to implement and measure its accomplishment?

• A)"Reduce our debt payments."
• B)"Save funds for an annual vacation."
• C)"Save $100 a month to create a $4,000 emergency fund."
• D)"Invest $2,000 a year for retirement."
• E)"Increase our emergency fund."

---

Definitions:

Product-Oriented Layout

The organization of manufacturing processes around a product. Also referred to as product cells.

External Failure Costs

Expenses incurred when products or services fail to meet quality standards after being delivered to the customer, including returns, repairs, and warranties.

Lead Time

The period between the initiation and completion of a production process or the delivery of a service.

Value-Added Ratio

A measure of a company's efficiency, calculating the proportion of time and resources that contribute directly to customer value.