Asked by
Kaelynn Joubert
on Oct 22, 2024
Verified
Cycle times, engineering efficiency, and new product time are sample measures of ___.
A) learning
B) internal process improvement
C) innovation
D) financial performance review
E) customer satisfaction
Cycle Times
The total time from the beginning to the end of a process, procedure, or activity, often used as a measure of efficiency in manufacturing and project management.
Engineering Efficiency
The optimization of processes, systems, or designs to maximize output, performance, or functionality while minimizing waste, cost, and inefficiencies.
New Product Time
The period involved in developing and launching a new product to the market.
- Comprehend the elements and importance of a balanced scorecard for assessing an organization's performance.
Verified Answer
GC
Learning Objectives
- Comprehend the elements and importance of a balanced scorecard for assessing an organization's performance.