Which of the Following Statements Is True of Business Processes

question 83

Multiple Choice

Which of the following statements is true of business processes?

• A) Process effectiveness is determined by the ratio of benefits to costs.
• B) An effective business process enables an organization to accomplish its strategy.
• C) If two versions of a business process create the same benefit, then the higher cost one is more efficient.
• D) Cost of infrastructure is not included under cost of business process.

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Definitions:

Occupation

A person's regular employment or profession, which is often used to identify one's role in society or the economy.

Work Arrangements

The terms and conditions under which work is performed, including aspects like scheduling, location (remote or on-site), and hours.

Outsources

The practice of hiring third-party companies or individuals to perform tasks, handle operations or provide services that are either difficult to manage or are outside the core business expertise.

Job Sharing

A plan whereby available work is spread among all workers in a group to reduce the extent of layoffs when production requirements cause a substantial decline in available work.