An Upscale Organic Foods Grocery Chain Is Implementing an Information

question 6

Multiple Choice

An upscale organic foods grocery chain is implementing an information system that will enable it to add same-day home delivery of groceries to its customers.This is an example of:

• A)automation.
• B)rationalization of procedures.
• C)paradigm shift.
• D)business process redesign.
• E)organizational change.

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Definitions:

Cost Savings

The reduction in expenses achieved through efficiency improvements, price negotiations, or other methods, increasing overall profitability.

Profit Sharing

A company policy where a portion of the company's profits is distributed to its employees, often based on their performance or seniority.

Lump-Sum Bonus

A one-time payment given to an employee in addition to their regular salary, often as a reward for performance, achievement, or as part of benefits.

Cafeteria Plan

A type of employee benefit plan that allows workers to choose from a variety of pre-tax benefit options to design a benefits package that best meets their needs.