Which of the Following Is Not a Tool for Monitoring

question 81

Multiple Choice

Which of the following is not a tool for monitoring strategic performance?

• A)The balanced scorecard
• B)Code of conduct
• C)Supply chain management
• D)Enterprise Resource Planning (ERP) systems

Understand the difference between a hypothesis and a prediction.

Recognize the various sources of research ideas.

Identify proper methods for developing a research hypothesis.

Know the role of serendipity in scientific discoveries.

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Definitions:

Property, Plant, and Equipment

Long-term tangible assets used in the operating activities of a business, such as buildings, machinery, and equipment.

Competitive Advantage

A condition or circumstance that puts a company in a favorable or superior business position compared to its competitors.

Competitive Floor

The minimum price level that a product or service can be sold at within a competitive market, ensuring the seller remains competitive while covering costs.

Return on Assets

A financial ratio that shows the percentage of profit a company earns in relation to its overall resources.