The Organization Must Develop and Maintain Efficient and Effective ________

question 81

Multiple Choice

The organization must develop and maintain efficient and effective ________ processes,which deliver to the marketplace the products and/or services which the organization offers.

• A) tactical
• B) functional
• C) operational
• D) structural
• E) logistical

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Definitions:

World Price

The international market price of a good, influenced by global supply and demand conditions.

Hypothetical Nations

Hypothetical nations are theoretical or imaginary countries used for the purpose of discussion, analysis, or illustration in economic or political scenarios.

Excise Tax

A tax on specific goods, such as alcohol and tobacco, often levied at the manufacturing level.

Imported Good

A product or service that is brought into one country from another, making it available for domestic consumption or use.