Another Term Used for Operations Objectives Is

question 19

Multiple Choice

Another term used for operations objectives is:

• A)Order winners
• B)Order qualifiers
• C)Competitive priorities
• D)Distinctive competence

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Definitions:

Risk Management

The method of detecting, evaluating, and managing risks to a company's finances and profits.

Risk Transfer

A strategy in risk management involving shifting the potential risk from one party to another, often through insurance or outsourcing.

Risk Mitigation

Strategies and actions taken to reduce or eliminate the impacts of uncertainty or threats on a project.

Risk Breakdown Structure

A risk breakdown structure (RBS) is a hierarchical framework that categorizes potential risks in a project, organized by source or nature, to facilitate better risk management.