Which of the Following Statements Is NOT True About Process

question 31

Multiple Choice

Which of the following statements is NOT true about process flow analysis?

• A) Process flow analysis is dependent on systems thinking.
• B) Flowcharts are used to describe and improve the transformation process in a business.
• C) Process flows must always be forward, and cannot "loop back" to previous operations.
• D) Service blueprinting is another name for a flowchart.

---

Definitions:

Opportunity-driven

Pursuing actions based on perceived potential for growth or benefit.

Timmons Model

A model of entrepreneurship that emphasizes the dynamic balance between opportunity, resources, and team, as the three critical factors in successful venture creation.

Bootstrapping

A method of starting a company using personal finance or operating revenues with minimal outside investment, emphasizing cost-efficiency and lean operations.

Consumer Trends

Patterns or tendencies in consumer behavior that indicate how the choices and preferences of consumers change over time in relation to various factors like market conditions, technological advancements, and cultural shifts.