Companies Frequently Strive to Improve Their Business Processes by Performing

question 65

True/False

Companies frequently strive to improve their business processes by performing tasks faster, cheaper, and better.

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Definitions:

Strategic Management

The ongoing planning, monitoring, analysis, and assessment necessary to meet an organization's goals and objectives.

Core Values Assessment

An evaluative process to determine the fundamental beliefs that drive behaviors and decision-making within an individual or organization.

Operating Objectives

Short-term targets or goals that an organization seeks to meet as part of its daily operations, often specific and measurable.

Adaptive Organisation

An organization that is capable of adjusting and evolving its strategies, structures, and processes in response to changes in the environment.