Which of the Following Is Likely to Happen When a Private

question 22

Multiple Choice

Which of the following is likely to happen when a private equity group hires an efficiency expert?

• A)Overburdening people by removing machines
• B)Modifying production processes to support excess inventories
• C)Increasing the number of employees involved in a particular task
• D)Limiting procedures that streamline operations
• E)Decreasing movements that create no value

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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.