Examlex
Which of the following statements is correct?
Organizational Crisis
A significant threat to operations that can have damaging consequences if not managed properly, requiring immediate and effective responses.
Inadequate Control
A situation in management or systems wherein the controls are insufficient to ensure the proper functioning, compliance, or quality standards, leading to risks and errors.
Idle Facilities
Assets or resources that are currently not in use or underutilized within an organization.
Performance Pyramid
A framework used for measuring an organization’s performance across multiple dimensions, such as financial, operational, and customer perspectives.
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