A(n) ____ Is a Group of ____ Needed to Create

question 24

Multiple Choice

A(n) ____ is a group of ____ needed to create and deliver an intermediate or final output.

• A)Process; value chains
• B)Activity; tasks
• C)Task; activities
• D)Activity; processes

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Definitions:

Strategic Management

The ongoing planning, monitoring, analysis, and assessment of all that is necessary for an organization to meet its goals and objectives.

Competitive Advantage

A unique attribute or capability that allows an organization to outperform its competitors, leading to greater sales or margins and/or market share.

Changing Times

Refers to periods of significant transformation in society, economy, technology, or culture that impact individuals and organizations.

Corporate Strategy

The overarching plan and direction of a corporation that defines organizational objectives and the approaches to achieve them.