Which of the Following Business Practices Focuses Specifically on Designing

question 8

Multiple Choice

Which of the following business practices focuses specifically on designing the organization and setting up processes to respond quickly to changes in the environment?

• A) benchmarking
• B) outsourcing
• C) focusing
• D) accelerating
• E) globalizing

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Definitions:

Class Width

The difference between the upper and lower boundaries of any class (or category) in a frequency distribution.

Frequencies

A rephrased definition: The rate or number of times a particular data value or event occurs within a specific data set or sample.

Data Set

A collection of related data points or information, organized in a structured manner, used for analysis or computation.

Classes

Categories or groups into which data or objects are organized based on shared characteristics or properties.