The Key Decisions to Eliminate Activities That Do Not Add

question 69

Multiple Choice

The key decisions to eliminate activities that do not add value while improving those that do are an important part of:

• A) managing processes.
• B) managing customer demand.
• C) managing supply chains.
• D) managing people.

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Definitions:

Economists

Professionals who study the production, distribution, and consumption of goods and services, analyzing economic issues and trends.

Economy

A broad term that encompasses the production, distribution, and consumption of goods and services within a certain region or country.

National Labor Relations Board

The National Labor Relations Board is a federal agency tasked with enforcing labor laws in relation to collective bargaining and unfair labor practices.

Unionize

The process by which employees come together to form a union in order to collectively bargain for better wages, working conditions, and benefits.