When Examining a State's Available Labor Force,the Potential Business Owner

question 55

Multiple Choice

When examining a state's available labor force,the potential business owner needs to know:

• A)the state's labor relations history.
• B)the demographics of the target customers.
• C)both the number and education of the available workforce.
• D)the proximity of its customers.

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Definitions:

Component Reliability

The likelihood of a component to perform its required function under stated conditions for a specific period.

Parallel Set

A visualization technique used to display the relationships across multiple categorical variables.

Components In Series

A configuration of parts in a system arranged such that each component must work for the system to function, where failure of any single component results in system failure.

System Reliability

The probability that a system will perform its intended function adequately for a specified period under given conditions.