An ATM Machine Provides Four Sequential Steps in Processing a Transaction

question 12

Multiple Choice

An ATM machine provides four sequential steps in processing a transaction. Over the last quarter, the reliability of each of these steps was 0.92, 0.97, 0.95, and 0.90. What is the overall reliability of the machine?

• A) Less than 0.60
• B) Equal to or greater than 0.60 but less than 0.70
• C) Equal to or greater than 0.70 but less than 0.80
• D) Equal to or greater than 0.80 but less than 0.90

---

Definitions:

Participative Management Style

A management approach involving employees in decision-making processes, aiming to increase employee engagement and satisfaction.

Incompetent Manager

A leader or overseer lacking the necessary skills, qualities, or abilities to effectively manage or direct.

Autocratic Decision-making

Autocratic decision-making is a leadership style where decisions are made by a single authority figure without consultation or input from others.

North American Managers

Individuals in supervisory or executive positions within organizations located in North America, responsible for directing and overseeing business operations.