Question:
"Only a 5% increase in labor cost may be more troublesome than a 15% increase in postal charges."Identify the concept pointed out in the statement.
"Only a 5% increase in labor cost may be more troublesome than a 15% increase in postal charges."Identify the concept pointed out in the statement.
Updated On: Oct 28, 2024
- Deviation
- Critical point control
- Break-even analysis
- Critical path method
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The Correct Option is B
Solution and Explanation
Critical point control focuses on key areas of a process that are most likely to affect performance. In this case, labor costs are critical.
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