Typically,organizations Evolve Through a Number of Stages as They Gain

question 23

Multiple Choice

Typically,organizations evolve through a number of stages as they gain experience with analytics and become more sophisticated in applying it toward the goal of developing a world class supply chain.Which of the following is not one of those stages?

• A)Depend on suppliers for their data
• B)Summarize and report data to decision makers
• C)Develop the capability to analyze real-time data
• D)Seek to predict what will happen in the future
• E)All of the above are stages

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Definitions:

Least Effective

Refers to processes, strategies, or actions that yield the poorest results compared to alternatives.

Empowerment

Empowerment refers to the process of giving individuals or groups the authority, confidence, and skills needed to take control of their own destiny and make decisions.

Visible Rewards

Tangible, observable rewards given to members of an organization for their work effort or performance, serving as motivation for continued or improved performance.

Empowered

Having the confidence and ability to make decisions and take actions autonomously, often leading to a sense of control and efficacy in one's role.