What is the most effective way to obtain executive approval for a major reliability improvement initiative?

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Multiple choice — select the best answer

AFocusing on employee satisfaction improvements
BProviding detailed technical specifications
CHighlighting industry trends in maintenance
DDemonstrating the financial impact through cost-benefit analysis

✓ Correct answer: D. Demonstrating the financial impact through cost-benefit analysis The most effective way to obtain executive approval is demonstrating the financial impact through cost-benefit analysis, as executives are primarily concerned with the business case and return on investment.

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