Which Source Is Least Likely to Be Valuable When You

question 30

Multiple Choice

Which source is least likely to be valuable when you have a question about new trends in the semiconductor industry?

• A) an encyclopedia
• B) a journal article published this year
• C) the blog of an analyst who covers the semiconductor industry
• D) the website for a semiconductor magazine

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Definitions:

Ideal Standards

Standards that assume perfect operating conditions with no inefficiencies, waste, or delays, used for benchmarking or motivating improvement.

Forecasting

The process of making predictions about future events or trends based on historical data and analysis.

Planning

The process of setting goals, developing strategies, and outlining tasks and schedules to accomplish the goals.

Standard Costs

Standard costs are the estimated costs associated with the production of goods or services, used for budgeting and performance evaluation.