At Value Inc

question 16

Multiple Choice

At Value Inc., there are specific steps to be followed when applying for a day off. First, an employee has to apply to his or her immediate supervisors. After getting their approval, he or she has to get it signed by the branch manager. Then, a copy of the leave application has to be submitted to the HR department. These mandatory steps are referred to as ________.

• A) policies
• B) ethics
• C) procedures
• D) goals

---

Definitions:

Cross-functional Goals

Objectives that require collaboration and coordination across different departments or functions within an organization to achieve.

Low-margin Business

A business that operates with a small difference between the cost to produce goods or services and the selling price, resulting in low profit margins.

Adding Capacity

The process of increasing the potential output of a business to meet expected demand.

Leadership

The act of guiding or influencing a group towards achieving its goals, often involving making strategic decisions, motivating individuals, and fostering teamwork.