What Is a Concept

question 86

Multiple Choice

What is a concept?

• A) an agreed upon external representation of a set of objects or events
• B) an idea that underlies the meaning of a word or image
• C) an ambiguous internal representation that defines a set of objects or events
• D) an abstract proposition that defines one object or event

---

Definitions:

Change Costs

Change costs refer to the expenses associated with making modifications to a project, product, or system, including the costs for design changes, materials, and labor.

Management Approach

The management approach refers to the strategies and methods employed by a company's leadership to achieve its objectives and manage its resources.

Significant Differences

Notable or substantial variations between two or more items, figures, or outcomes.

Standards

Established benchmarks or norms that are used for measuring performance or compliance.