Which of the Following Are Not Eligible to Be Considered

question 23

Multiple Choice

Which of the following are not eligible to be considered for the Baldrige Award?

• A)Small businesses
• B)Health care organizations
• C)Educational institutions
• D)State highway patrol organizations
• E)Nuclear power plants

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Definitions:

Real Option

A choice available to companies involving business decisions on investments, which use the concept of option valuation in financial markets.

Scenario Analysis

A process of analyzing future events by considering alternative possible outcomes (scenarios), often used in the assessment of risk or strategic planning.

NPV

Net Present Value, a calculation used to estimate the profitability of an investment or project by summing the present values of all expected future cash flows.

Probability

The measure of the likelihood that an event will occur, expressed as a number between 0 and 1, where 1 indicates certainty.