Which of the Following Is One of the Three Critical

question 52

Multiple Choice

Which of the following is one of the three critical factors that drive the effectiveness of a collaborative effort?

• A)information systems
• B)workflow control
• C)hardware
• D)procedures

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Definitions:

Benchmarking

The practice of comparing business processes and performance metrics to industry bests or best practices from other companies.

Factor Analysis

A statistical method used to identify underlying variables, or factors, that explain the pattern of correlations within a set of observed variables.

Total Compensation System

The complete package of financial and non-financial benefits provided to employees, including salaries, bonuses, health insurance, and retirement plans.

Organizational Environment

The sum of internal and external factors that affect an organization's operation, including economic, technological, social, and political influences.