Which One of the Following Statements About the Time Study

question 88

Multiple Choice

Which one of the following statements about the time study method is TRUE?

• A)It is most appropriate for "thinking" jobs such as an automobile mechanic's diagnosis of a problem.
• B)It is used most often for setting time standards.
• C)Using the time study method technique,time standards can be set for new jobs before production begins.
• D)Performance ratings are not needed in the derivation of time standards.

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Definitions:

Countertrend

A countertrend is a market movement that opposes the general direction of the market or current trends, often temporary in nature.

Environmental Scanning

A process used by organizations to monitor, analyze, and evaluate their external environment to identify opportunities and threats.

Competitive Intelligence

The gathering and analysis of information concerning competitors' activities and general business trends to formulate strategies.

Environmental Scanning

The process of systematically examining the external environment to identify and understand trends, opportunities, and threats that could impact an organization.