The Theory of Constraints Uses the Following Five Steps to Achieve

question 23

Multiple Choice

The theory of constraints uses the following five steps to achieve its goal of improving organizational performance: What is the correct order for performing these steps?

• A) 3, 1, 5, 2, 4
• B) 3, 5, 1, 2, 4
• C) 1, 3, 5, 2, 4
• D) 3, 1, 5, 4, 2

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Definitions:

Product Liability

The legal responsibility that manufacturers or sellers have to compensate for harm caused by defective or dangerous products.

Tort Law

A segment of law that addresses, rectifies, and provides remedies for civil wrongs not arising out of contractual obligations.

Privity of Contract

The relationship between parties in a contract that confers rights and obligations.

Individual

Referring to a single human being as distinct from a group, class, or family.