Which of the Following Can an Organization Use to Evaluate

question 74

Multiple Choice

Which of the following can an organization use to evaluate the effectiveness of its business processes?

• A) Porter's Five Forces Model
• B) Three generic strategies
• C) Value chain
• D) First-mover advantage strategy

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Definitions:

Personal Area Network

A network configuration for connecting devices in close proximity, typically involving wireless communication technologies like Bluetooth.

Bluetooth

A wireless technology standard for exchanging data over short distances from fixed and mobile devices, creating personal area networks.

Extranet

A private network that allows controlled access from the outside for specific business or educational purposes, using internet technology.

Inventory Process

A systematic approach to managing and tracking stock, materials, or products within a business to ensure adequate supply and efficient operations.