Green Technologies Such as Smart Grid Electricity Services, Online Energy

question 212

Multiple Choice

Green technologies such as smart grid electricity services, online energy management, and consumer-generated energy are __________ forces that would be identified through an environmental scan.

• A)social
• B)competitive
• C)regulatory
• D)technological
• E)economic

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Definitions:

Productivity

The efficiency with which inputs are converted into outputs, often measured in terms of the rate of output per unit of input.

Central Limit Theorem

A statistical principle that states the distribution of sample means approximates a normal distribution as the sample size becomes larger, regardless of the population's distribution.

68-95-99.7 Rule

A statistical rule stating that in a normal distribution, approximately 68% of the data falls within one standard deviation of the mean, 95% within two, and 99.7% within three.

Variation

Changes or deviations from a standard, plan, or original estimate that require adjustments to a project or process.