A(n)_____ Is a Story of How a Firm Will Create

question 45

Multiple Choice

A(n) _____ is a story of how a firm will create value for its customers and how it will do so profitably.

• A)design specification
• B)business model
• C)process model
• D)administrative linkage
• E)process architecture

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Definitions:

Employee Self-Service

A system that allows employees to handle many job-related tasks (such as applications for leave, updating personal information, and viewing benefits) that traditionally were performed by management or HR departments.

Self-Directed Work Teams

Groups of employees who are given autonomy to manage their work and make decisions within predefined boundaries, often leading to increased motivation and productivity.

Employee Counselling

The provision of professional psychological support or advice to employees to help them manage personal or job-related challenges.

Employee Assistance

Programs or services offered by employers to support the wellbeing of employees, including counseling, financial planning, and health services.