The Process Which Refers to Incremental or Continual Increases in the Efficiency

question 110

Multiple Choice

The process which refers to incremental or continual increases in the efficiency of an existing product is called:

• A)Process elimination
• B)Process innovation
• C)Process creation
• D)Process improvement

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Definitions:

Drafts

Written orders for the payment of a specified sum of money from one party to another, often used in international trade.

Documents

Documents are written, drawn, presented, or memorialized representations of thoughts, which serve as evidence or information.

Buyer

A person or organization that purchases goods or services from another business or individual, entering into a commercial transaction.

Judgment Rate

The interest rate set by law that is applied to monetary judgments awarded by courts.