Joseph Wishes to Increase the Operational Efficiency of His New

question 4

Multiple Choice

Joseph wishes to increase the operational efficiency of his new startup. What should Joseph do?

• A) Joseph should use integrated data stored in his firm's central database to analyze its day-to-day activities.
• B) Joseph should avoid analyzing his firm's distribution systems as they do not play a role in its daily activities.
• C) If Joseph plans to support formally defined and documented activities in his firm, he should use a dynamic planning system over a structured planning system.
• D) If Joseph plans to include less specific and fluid activities in his firm, he should use a structured planning system over a dynamic planning system.

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Definitions:

Occupation

A person's chosen or main vocation, job, or employment, often tied to their identity, skills, and economic livelihood.

Latent Function

A term in sociology that refers to the unrecognized or unintended consequences of any social process.

Youth Culture

The way youngsters live, and the norms, values, and practices they share, distinct from adult society and often characterized by music, fashion, language, etc.

Parents' Values

The beliefs and moral principles that parents consider important and seek to instill in their children.