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Developing a New Product, Fulfilling an Order, or Hiring a New

question 41

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Developing a new product, fulfilling an order, or hiring a new employee are all examples of business processes.


Definitions:

Implement

To put into effect or action; to execute a plan, agreement, or measure.

Evaluate Results

The process of analyzing outcomes to determine the extent to which objectives or goals have been achieved.

Tactical Plans

Short-term strategies designed to implement specific aspects of a more comprehensive strategic plan.

Strategic Objectives

Specific goals that an organization aims to achieve as part of its broader strategy, guiding decision-making and resource allocation.

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