Carlos Works for a Company in Which He Is Given

question 81

Multiple Choice

Carlos works for a company in which he is given a goal of making a certain number of items, while reducing waste by a specific percentage. However, Carlos is allowed the freedom to choose how he will achieve these goals. Carlos' company is utilizing

• A)management by objectives.
• B)scientific management.
• C)job specialization and task analysis.
• D)Theory X leadership.

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Definitions:

Worst-case Scenario

The most adverse or unfavorable outcome among a set of possibilities for a situation.

Lower Partial Standard Deviation

A risk measure focusing only on negative deviations from the mean, used to assess the downside risk of an investment.

Extreme Negative Returns

Significant losses in investment value over a short period, often unexpected.

Value At Risk

Value at Risk (VaR) is a statistical measure used to assess the risk of loss on a specific portfolio of financial assets, indicating the maximum potential loss over a given time frame at a certain confidence level.