Question: 1
A price that is competitive, gives the seller a profit, and allows the buyer ultimately to sell at a profit is known as:
Question: 2
The old saying ''What you do not measure, you cannot control'', is as valid today as it was when first stated. The necessary step/s in implementing a successful performance measurement program is/are:
Question: 3
''Framework of organizing, defining and standardizing the business processes necessary to effectively plan and control an organization so the organization can use its internal knowledge to seek external advantage'' This is the definition of:
Question: 4
''The function of establishing, measuring, monitoring and adjusting limits or levels of capacity in order to execute all manufacturing schedules''. This definition is related to:
Question: 5
The concept of removing faults at the first instance and making a process or product ''fool proof'' is known as:
