Which of the Following Statements Is True of Inherent Processes

question 7

Multiple Choice

Which of the following statements is true of inherent processes?

• A)Inherent processes are almost always a perfect fit.
• B)Organizations cannot license the software used in inherent processes.
• C)Inherent processes are expensive and time-consuming.
• D)Inherent processes provide an alternative to business process reengineering.

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Definitions:

Bureau of Labor Statistics

A U.S. government agency that collects, processes, and disseminates essential statistical data related to labor market activity, working conditions, and price changes.

Cyclical Unemployment

The deviation of unemployment from its natural rate.

Natural Rate

The rate of any economic activity that is considered to be sustainable in the long term without causing inflation; often used in the context of unemployment.

Natural Rate

The equilibrium rate of unemployment or interest when the economy is operating at a full capacity without short-term fluctuations.