Examlex
Which of the following is the best example of an investment as defined by economists?
Preventive Actions
Measures taken in advance to eliminate or reduce the likelihood of potential problems or risks in processes or operations.
Corrective Actions
Steps taken to eliminate the causes of existing nonconformities or undesirable situations, with the goal of preventing recurrence.
Yardsticks
Standards or measures used for comparison or evaluation.
Objectives
Specific, measurable goals that an organization or individual aims to achieve within a specific timeframe to drive performance.
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