Bender Day 22

Question 1

What are disadvantages of outsourcing?

Answer 1

1. Language barrier
2. Quality issues
3. Security issues

Non-core business functions that are outsourced reduce risk exposure

MCQ-06795

Question 2

Six Sigma: Existing product and business process improvement

DMAIC

Answer 2

1. Define problem
2. Measure
3. Analyze data
4. Improve / Optimize
5. Control

MCQ-12992

Question 3

A visual depiction of the process with a focus on the logical flow of data as opposed to the physical flow.

Answer 3

Data flow diagram

MCQ-14575

Question 4

The Profitability Index is a variation of which capital budgeting model?

Answer 4

NPV

Rule: Profitability Index Ratio = PV of Net Future Cash Inflows to the PV of the Initial Investment

MCQ-04810