Which of the Below Examples Indicates When the Time Is

question 279

Multiple Choice

Which of the below examples indicates when the time is right to initiate a business process change?

• A)The market being served makes a distinctive shift
• B)The company is below industry benchmarks on its core processes
• C)The company strategically passes or leapfrogs the competition on key decisions to regain competitive advantage
• D)All of the above

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Definitions:

Informal Communication

Refers to the casual and unstructured exchange of information between individuals or groups without following the formal channels of communication.

Technical Interface

The point of interaction or communication between a user and a system, focusing on hardware, software, and protocols.

Production

The process of creating, manufacturing, or improving goods and services.

R&D

Research and Development, the phase in a business or project aimed at discovering new knowledge that might lead to new products, processes, or services.