Which of the Following Is Characteristic of Capitalism

question 64

Multiple Choice

Which of the following is characteristic of capitalism?

• A) economic motivation through profit
• B) governmental control of the economy
• C) government and big business cooperation
• D) the development of unions

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Definitions:

Technology Play

A strategic business move focusing on the development, use, or investment in technology to gain a competitive edge.

BPM

Business Process Management, involving the modeling, automation, execution, control, measurement, and optimization of business activity flows.

BPI

Business Process Improvement, a systematic approach to help any organization optimize its underlying processes to achieve more efficient results.

BPR

Business Process Reengineering (BPR) involves the radical redesign of core business processes to achieve dramatic improvements in productivity, cycle times, and quality.