____ Planning Is the Process by Which Managers Identify Alternative

question 155

Multiple Choice

____ planning is the process by which managers identify alternative courses of action that the organization might follow if various conditions arise.

• A) Strategic
• B) Standard
• C) Contingency
• D) Integrative
• E) Goal optimization

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Definitions:

Acceptance Sampling Plan

An Acceptance Sampling Plan is a statistical method used to determine whether to accept or reject a batch of products based on a sample, aiming to ensure quality control.

Good Lots

Batches of products that meet quality standards and are deemed acceptable for sale or use.

Bad Lots

Refers to batches of products that fail to meet quality standards or specifications.

Assignable Causes

Specific, identifiable sources of variation in a process, distinguished from random variations.