The ____________ Method's Major Disadvantage Is Its Dependence on the Judgment

question 14

Multiple Choice

The ____________ method's major disadvantage is its dependence on the judgment of its users. The system is largely dependent on the memories of personnel to explain what "unsatisfactory" or "good" means. With this method, there is no concrete supporting data.

• A) performance
• B) process
• C) categorical
• D) circular-ratio
• E) categorical-ratio

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Definitions:

The Long Tail

A concept that refers to the strategy of selling a large number of unique items with relatively small quantities compared to selling a small number of popular items in large volumes.

Retailing Strategy

Involves the planning and execution of selling goods and services directly to consumers, taking into account factors like location, product selection, and pricing.

Unique Items

Objects or products that are distinct and not identical to any other items, often valued for their exclusivity or rarity.

Small Quantities

Small quantities refer to a less than usual or bulk amount of any material, product, or substance, often required in specific contexts like testing or sample production.