Which One of the Following Is the CORRECT Set of Steps

question 237

Multiple Choice

Which one of the following is the CORRECT set of steps for the continual service improvement approach?

• A) Devise a strategy; Design the solution; Transition into production; Operate the solution; Continually improve
• B) Where do we want to be?; How do we get there?; How do we check we arrived?; How do we keep the momentum going?
• C) Identify the required business outcomes; Plan how to achieve the outcomes; Implement the plan; Check the plan has been properly implemented; Improve the solution
• D) What is the vision?; Where are we now?; Where do we want to be?; How do we get there?; Did we get there?; How do we keep the momentum going?

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Definitions:

Other Comprehensive Income

Revenues, expenses, gains, and losses that are not included in net income but affect a company's equity, including items like foreign currency items and unrealized gains on securities.

Statement Of Income

A financial report that shows a company's revenues, expenses, and profits over a specific period, typically a quarter or year, also known as an income statement.

Unrealized Gains

Increases in the value of assets that a company holds which have not yet been sold and thus not "realized."

Non-Strategic Investments

Non-strategic investments are investments made by a company that do not align directly with its core business activities or strategic goals.