________ Is a Strategy That Integrates People and Technology in All

question 27

Multiple Choice

________ is a strategy that integrates people and technology in all business functions to enhance relationships with customers, partners, and distributors.

• A) Supply-chain analysis
• B) Customer relationship management
• C) Value-chain analysis
• D) Continuous quality improvement

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Definitions:

Acid-test Ratio

A financial metric used to evaluate a company's short-term liquidity position by comparing its most liquid assets (excluding inventory) to its current liabilities.

Standards for Comparison

Benchmarks or criteria used to evaluate the performance, condition, or quality of something.

Competitor Performance

An analysis of how well competing companies are doing in the marketplace, often used for benchmarking and strategic planning.

Industry Performance

An evaluation of the success, productivity, and growth of specific sectors within the economy, often measured by financial indicators and market trends.