The Management at Granger Industries Is Evaluating Their Distribution System

question 236

Multiple Choice

The management at Granger Industries is evaluating their distribution system to determine if cost-cutting measures will impact performance.Ralph,an employee with experience in the implementation of total quality management programs,suggests that the company should consider synergies between elements of the distribution system instead of judging each activity on its own merits.Ralph is trying to avoid:

• A)polarization.
• B)suboptimization.
• C)the optimism bias.
• D)the framing problem.

---

Definitions:

Burden Percentage

Burden percentage often relates to the proportion of costs or taxes borne by an entity, indicating its financial impact.

Utilitarian Justice

A principle in ethics suggesting that the best action is the one that maximizes utility or happiness for the greatest number of people.

Total Utility

Full enjoyment obtained by consuming a certain amount of products or services.

Income Redistribution

The transfer of income through mechanisms like taxes and government spending from the wealthy to the poorer sections of society.