The Set of Processes and Systems Used by Organizations to Convert

question 84

Multiple Choice

The set of processes and systems used by organizations to convert resources into products or services is called

• A)quality.
• B)technology.
• C)manufacturing.
• D)automation.
• E)None of these.

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Definitions:

Systematic Risk

The danger associated with the overall market or a specific sector of the market that cannot be mitigated by spreading investments.

Capital Asset Pricing Model

A model used to determine the theoretical rate of return of an asset, considering the asset’s risk relative to that of the market.

Beta

A measure used in finance to describe the relationship of an investment's returns with those of the market; it indicates the investment's risk compared to the market.

Rate of Return

The increase or decrease in the value of an investment throughout a certain timeframe, represented as a portion of the investment's initial cost.