Which Approach Views an Organization as a Series of Processes

question 81

Multiple Choice

Which approach views an organization as a series of processes, each of which adds value to the product or service for each customer?

• A) Low cost strategy
• B) Business process
• C) Value chain
• D) First-mover advantage

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Definitions:

Activation-Synthesis Hypothesis

Premise that states that dreams are created by the higher centers of the cortex to explain the activation by the brain stem of cortical cells during REM sleep periods.

Sleep Deprivation

The condition of not having enough sleep, which can lead to a range of psychological and physical problems, including impaired judgment, mood swings, and reduced cognitive performance.

Memory

The cognitive process that involves encoding, storing, and retrieving information.

Stimulants

Substances that increase nervous system activity, resulting in enhanced alertness, attention, and energy, which can include drugs like caffeine, nicotine, and amphetamines.