The Goal of Value Analysis Is to Find Ways of _______

question 22

Multiple Choice

The goal of value analysis is to find ways of _______.

• A)I.Reducing the cost of parts and materials
• B)II.Improving the performance of the product or service
• C)III.Incorporating multiple cultural values in global system design
• D)Both I and III
• E)Both I and II

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Definitions:

Consumer Products

Goods and services that are produced for personal use or consumption by the general public.

Cultural Differences

The varying behaviors, beliefs, practices, norms, and values that distinguish one group or society from another.

Economic Differences

Variations in income, wealth, and resource distribution that exist within and between nations or groups.

Intergovernmental Organization

An entity created by treaty, involving two or more nations, to work on issues of common interest.