Which of the Following Statements About Business Value Drivers Is

question 89

Multiple Choice

Which of the following statements about business value drivers is false?

• A)Drivers have a long or unlimited life span.
• B)IT strategy focuses on the value drivers in core process areas in order to make targeted improvements.
• C)Cost is almost always a value driver,but for this factor to be useful,you need to drill down to the activities that impact cost.
• D)Drivers are considered in the strategic planning process and the balanced scorecard methodology.

---

Definitions:

Functional Flexibility

The ability of an organization to adapt and respond to changes by reallocating or restructuring its workforce to meet current demands or operational requirements.

Employment Flexibility

The degree to which a job allows for flexibility in hours, location, and tasks according to the needs of both the employer and employee.

Procedural Flexibility

The ability to adapt the rules and processes in a system, such as in legal proceedings or organizational policies, to accommodate different circumstances.

Wage Flexibility

The ability of wages to adjust in response to changes in the economic environment, including supply and demand for labor.