What Method Is Recommended for Mapping Out an Organization's Current

question 43

Multiple Choice

What method is recommended for mapping out an organization's current processes and to design future processes?

• A) Drawing a business model diagram
• B) Querying relational databases
• C) Writing detailed descriptions
• D) Drawing hierarchical matrixes

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Definitions:

Risky Asset

An asset that carries a significant chance of losing part or all of its investment value.

Expected Profit

The forecasted amount of profit or loss that is anticipated from a business venture or investment, based on calculations or assumptions.

Risky Portfolio

An investment portfolio that consists of assets with higher levels of risk, with the potential for higher returns.

Geometric Average Return

The average rate of return on an investment, calculated by multiplying n returns together and then taking the nth root.