Clarity, Accuracy, and Adequacy of Information Are

question 9

Multiple Choice

Clarity, accuracy, and adequacy of information are

• A) ideals which are very likely to be unattainable.
• B) needed by consumers to make intelligent purchasing decisions.
• C) currently achieved by most TV commercials.
• D) best achieved through radio advertising.

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Definitions:

Efficiency

The ratio of the output produced to the input resources used in the production process, indicating the effectiveness of resource utilization.

Effective Capacity

The maximum output rate or service capacity an operation, process, or facility can be expected to achieve under normal conditions.

Design Capacity

The maximum output or performance level that a facility or product is engineered to achieve under ideal conditions.

Capacity Alternatives

Various options available to a business for adjusting its capacity to meet changes in demand.