Which of the Following Is a Benefit of Standardizing Business

question 85

Multiple Choice

Which of the following is a benefit of standardizing business processes?

• A) It produces varying results.
• B) It enables the business to enforce policies.
• C) It provides non-scalable solutions.
• D) It allows businesses to take further risks.

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Definitions:

Mixed Economy

An economic system combining elements of both capitalism and socialism, with some sectors privately owned and others controlled by the government.

Economy

The system by which goods and services are produced, distributed, and consumed within a particular country or region.

Particular Society

A specific group of people characterized by distinct social institutions, traditions, and cultural practices.

Learned

Pertains to knowledge or skills acquired through study, experience, or teaching.