Most Business Processes Are Cross-Functional or Cross-Departmental Processes That Span

question 20

Multiple Choice

Most business processes are cross-functional or cross-departmental processes that span the entire organization.Which of the following does not represent a cross-functional business process?

• A)order-to-delivery process
• B)loan processing
• C)taking a product from concept to market
• D)processing payroll

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Definitions:

Quantitative Analysis

The process of using statistical and mathematical models to evaluate and analyze numerical data.

Frequent Buyer

A customer who regularly purchases from the same brand, shop, or service provider, often benefiting from loyalty programs.

Price Sensitivity

The degree to which the demand for a product is affected by changes in its price.

Co-branding Costs

Expenses associated with a partnership between two or more brands to create a product or service that leverages the strength of both brands.