The Costs Associated with Re-Engineering Machinery and Its Location Within

question 207

Multiple Choice

The costs associated with re-engineering machinery and its location within the factory to increase efficiency would be considered which part of the value chain?

• A) Customer service
• B) Marketing
• C) Design
• D) Research and development

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Definitions:

Scientific Management

A theory of management that analyzes and synthesizes workflows to improve economic efficiency, especially labor productivity.

Open Systems

Organizations or entities that interact dynamically with their environment, adapting and exchanging resources and information.

Functional

Pertaining to the practical or utilitarian use of something, often emphasizing how something works or operates within a system or organization.

Independent

Free from external control or influence; capable of thinking or acting for oneself.