Question 1

A cost-benefit analysis is performed to assess

Accepted Answer

A) economic feasibility 
B) operational feasibility 
C) technical feasibility 
D) all of the above

Question 2

Ishikawa Diagrams are another name for what technique of improvement?

Accepted Answer

A) Cause-effect diagrams 
B) Input-output analysis 
C) Process maps 
D) Scatter diagrams

Question 3

At breakeven point there is

Accepted Answer

A) Profit 
B) Loss 
C) No profit or loss 
D) None of these

Question 4

What approach is used to compare organisation operations with those of other companies?

Accepted Answer

A) SWOT analysis 
B) PERT analysis 
C) Benchmarking 
D) Competitor performance assessment

Exam 10: System Proposals, Feasibility Studies, Cost-Benefit Analysis, and Improvement Techniques

A cost-benefit analysis is performed to assess