A Systematic Effort to Reduce the Cost or Improve the Performance

question 52

Multiple Choice

A systematic effort to reduce the cost or improve the performance of services or products is known as:

• A) presourcing.
• B) cooperative orientation.
• C) supplier certification.
• D) value analysis.

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Definitions:

Traditional Organization

An organizational structure characterized by a strict hierarchy, centralized decision-making, and clear division of labor.

Rational Communication

The exchange of ideas, information, or messages through reasoned discourse, aiming for clear understanding and logical outcomes.

Formal Communication

Formal Communication refers to the exchange of information that follows set protocols or structured paths within an organization, often documented and archived.

Traditional/Classical Model

The Traditional/Classical Model typically refers to theories or practices that are established based on long-standing or foundational principles. In organizational theory, it highlights structured hierarchy and clear, formal relationships.