Engaging in Which of the Following Will Result in Radical

question 2

Multiple Choice

Engaging in which of the following will result in radical changes being made to an organization's processes?

• A)Continuous improvement
• B)Benchmarking
• C)Reengineering
• D)Mass customization

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Definitions:

Condorcet Paradox

A situation in social choice theory where collective preferences can be cyclic (not transitive) despite the transitive preferences of individual voters.

Majority Rule

A decision-making principle where the preferences or decisions supported by more than half of the participants are adopted.

Transitive Preferences

A condition in decision-making where if an individual prefers option A over option B and prefers option B over option C, then the individual also prefers option A over option C.

Median voter theorem

A theory suggesting that the outcome of a majority rule voting system will represent the preferences of the median voter.