Which of the Following Is True About Objectives of Processes

question 99

Multiple Choice

Which of the following is true about objectives of processes?

• A) Objectives can occur only in the strategic process level.
• B) Objectives are mutually exclusive.
• C) An effectiveness objective aims to conserve resources.
• D) An efficiency objective aims to conserve resources.

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Definitions:

Market Demand

The total quantity of a good or service that all consumers in a market are willing and able to purchase at various price levels.

Marginal Cost

The supplementary expense required to manufacture an additional unit of a product or service.

Crude Oil Price

Refers to the cost per barrel of unrefined petroleum, which fluctuates based on global supply and demand dynamics, geopolitical tensions, and market speculations.

Cheat

An act of dishonesty or unfairness to gain an advantage.