A Sequence of Operations That Takes Inputs and Turns Them

question 21

Multiple Choice

A sequence of operations that takes inputs and turns them into outputs is a _____.

• A)process
• B)statistical analysis
• C)runs plot
• D)random sampling

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Definitions:

Competitive Advantages

Benefits or attributes that allow an organization to outperform its competitors, such as superior quality, lower costs, or unique technology.

Managerial Inputs

Managerial Inputs refer to the guidance, decisions, and actions contributed by managers to the planning, execution, and control of business activities.

Customer Opinions

Feedback and perspectives from users or buyers about a product or service, typically used to improve offerings or understand market needs.

Competitive Advantages

Competitive advantages are factors or attributes that allow a company to outperform its competitors, such as superior quality, brand reputation, or cost efficiency.