Define and Give an Example of Convergent Evolution

question 8

Essay

Define and give an example of convergent evolution.

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Definitions:

Responsiveness

The ability of an organization or system to quickly and effectively adapt to changes or respond to customers.

ROA

Return on Assets, a financial metric indicating how profitable a company is relative to its total assets, measuring efficiency in using assets to generate earnings.

Order-to-Cash Cycle

The end-to-end process from when an order is placed by a customer to when the payment is received and processed by the seller.

Supporting Metrics

Quantitative measurements used to track and assess the status of specific processes, activities, or outcomes.