Identify a Recent Technological Advance That Provides an Opportunity to Gain

question 44

Multiple Choice

Identify a recent technological advance that provides an opportunity to gain a competitive advantage.

• A)CVVP analysis
• B)discounted cash flows
• C)predictive analysis
• D)economic order quantity (EOQ)

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Definitions:

Work Processes

The established methods and procedures used by organizations to conduct and complete their day-to-day activities.

Flowcharts

Diagrams that depict the sequence of steps in a process, showing how tasks are interconnected.

Diagram

A simplified drawing showing the appearance, structure, or workings of something, typically extracted for clarity.

Project Initiation

The phase in project management that involves defining a project's objectives, scope, purpose, and deliverables to gain approval to proceed.