Continuous Improvement

question 134

Multiple Choice

Continuous improvement:

• A)Encourages employees to maintain established business practices.
• B)Strives to preserve acceptable levels of performance.
• C)Rejects the notion of "good enough."
• D)Is not applicable to most businesses.
• E)Is possible only in service businesses.

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Definitions:

Standard Deviation

A measure of the amount of variation or dispersion in a set of values, indicating the spread from the mean.

Physical Fitness

The ability of an individual to carry out daily tasks with optimal performance, endurance, and strength, due to good health and physical conditioning.

One-sample T Test

A statistical test used to compare the mean of a sample to a known value or theoretical expectation.

Normal Population

A population distribution that follows a normal (bell-shaped) curve, indicating that the mean, median, and mode are equal.