Which of the Following Types of Activities Is More Closely

question 45

Multiple Choice

Which of the following types of activities is more closely associated with projects rather than processes?

• A)An activity that is ongoing
• B)An activity that is day-to-day
• C)An activity that uses existing systems
• D)An activity that establishes its own work rules

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Definitions:

Profit-maximizing

A strategy or approach that aims to achieve the highest possible profit from business activities.

Marginal Revenue

The revenue increase from selling an additional good or service unit.

Competitive Price-searcher

A market condition where firms have some control over pricing because their products are differentiated, but they must still consider competitors' prices in their pricing strategy.

Retail Selling

The process of selling goods or services directly to consumers through various channels, such as stores, online platforms, or by phone.