Work Process Engineering Is

question 35

Multiple Choice

Work process engineering is:

• A) another name for downsizing.
• B) another name for rightsizing.
• C) a continuous improvement method that radically increase an organization's productivity.
• D) an organizational commitment to incrementally improving the quality of products and services.
• E) is a radical change in an organization.

---

Definitions:

Production Possibility Frontier

The Production Possibility Frontier is a curve depicting all maximum output possibilities for two goods, given a set of inputs.

Production Possibility Frontier

A curve depicting all maximum output possibilities for two or more goods, given a set of inputs.

Capital Stock

Refers to the total amount of physical assets owned by a company that are used in producing goods or services.

Technology

Application of scientific knowledge for practical purposes, especially in industry and improvements in tools, machines, techniques, and processes.