A "Best Practice" Standard

question 86

Multiple Choice

A "best practice" standard

• A)helps a company move toward performing its value chain activities more effectively and efficiently.
• B)is the sole means of measuring whether or not a company performs a specific task or activity so as to achieve the lowest possible costs.
• C)conforms to established industry standards.
• D)is a measure of a company's core competence.
• E)is often sufficient justification for maintaining the status quo.

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Definitions:

Team Power

The collective ability of a team to influence outcomes, processes, or decisions.

Task Approach

The manner or strategy with which an individual or group confronts and executes a given task.

Task Interdependencies

The degree to which tasks within a project or process rely on each other for successful completion.

Individual Autonomy

The capacity of an individual to act independently, make their own choices, and control their own life.