The Factors That Drive the Cost of Day-To-Day Activities Performed

question 3

Multiple Choice

The factors that drive the cost of day-to-day activities performed as a result of the structure and processes selected by the organization are called:

• A)Organizational activities
• B)Organizational cost drivers
• C)Operational cost drivers
• D)Operational activities

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Definitions:

Pyramid-Shaped Hierarchy

A visual model of an organization where each level represents a rank, with the highest power at the top tapering down to wider levels of lesser power.

Physiological Needs

Basic requirements vital to human survival, such as air, food, water, and shelter, often represented as the foundation in Maslow's hierarchy of needs.

Safety

The condition of being protected from or unlikely to cause danger, risk, or injury.

Hierarchy of Needs

A theory in psychology proposed by Abraham Maslow positing that people are motivated to achieve certain needs and that some needs take precedence over others, from basic physiological needs to self-actualization.