A Managerial Innovation That Improves the Efficiency of a Company's

question 76

Multiple Choice

A managerial innovation that improves the efficiency of a company's cross-functional teams would be considered a ________ innovation.

• A) product
• B) process
• C) core
• D) transformational
• E) practical

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Definitions:

FCFS

FCFS, or First-Come, First-Served, is a scheduling principle where requests are processed in the order in which they were received, with no regard to their importance or priority.

Arrival Rate

Arrival Rate is the frequency at which units, such as customers, goods, or messages, arrive at a particular point or system per unit of time.

Drive-In Restaurant

A type of eatery where customers can order and consume food without leaving their cars, often featuring a large parking area and order stations.

SimQuick

A software package for Excel that allows users to simulate business processes quickly and effectively.