How Is the Benefit of Reduced Costs Achieved in a Product

question 47

Multiple Choice

How is the benefit of reduced costs achieved in a product life cycle management system?

• A)By connecting design,research and development,procurement,manufacturing,and customer service seamlessly through a flexible collaboration environment
• B)By improving collaboration among the organization and its suppliers,contract manufacturers,and other equipment manufacturers
• C)By providing a secure repository,tracking and audit trails,change and document management controls,workflow and communications,and improved security
• D)By limiting the number of product components through standardization

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Definitions:

Waiver Of Presentment

An agreement to waive the formal presentation of an instrument, such as a check or draft, for payment.

Notice Of Dishonor

A formal notification indicating that a negotiable instrument, such as a check, has been refused payment.

Certified

Officially recognized or verified, often by a certification body, as meeting a specific standard or criteria.

Discharged From Liability

A condition where an individual or entity is legally released from an obligation or debt.