Sheri Then Turned Her Attention to the Technology Changes That

question 68

Multiple Choice

Sheri then turned her attention to the technology changes that could help her organization to become more agile. Which of the following technology changes could her boss use successfully in this scenario?

• A)Total quality management
• B)Practicing continuous improvement
• C)ISO 9001
• D)Flexible manufacturing
• E)Becoming a learning organization

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Definitions:

Cost Variance

The differences between actual and standard costs.

Standard Cost

A detailed estimate of what a product should cost.

Actual Cost

The actual amount spent on goods, services, or other expenses, as opposed to budgeted or standard costs, including all direct and indirect costs.

Principle of Exceptions

A management principle focusing on identifying and addressing areas that significantly deviate from the norm or expected results, often utilizing reporting and analysis.