Company Strategies and Value Creating Processes Can't Be Effectively Executed

question 62

Multiple Choice

Company strategies and value creating processes can't be effectively executed without internal information systems that include

• A)customer data, employee data, supplier/partner data, operations data, and financial performance data.
• B)TQM, reengineering, and Six Sigma programs.
• C)monetary and nonmonetary reward systems.
• D)activity-based cost accounting, benchmarking, and best practices.
• E)continuous access to social networks.

---

Definitions:

Risky Shift

The tendency for a group decision to be riskier than the average decision made by the individual group members.

Altruistic Behavior

Actions intended to benefit others without expectation of reward.

Personally Responsible

Being accountable for one's actions or duties, recognizing one's role in the outcomes of those actions.

Uncertain

A state of having limited knowledge where it is impossible to exactly describe the existing state, a future outcome, or more than one possible outcome.