Which of the Following Statements Is True of Business Processes

question 60

Multiple Choice

Which of the following statements is true of business processes?

• A)Value chain activities differ based on the business processes being used.
• B)If a value chain's margin is negative,the costs of the value chain should be increased.
• C)The processes implementing a value chain must create sufficient value to cover their costs.
• D)Value chains are designed to implement business processes.

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Definitions:

Action Hypothesis

An assumption made for the purpose of action or investigation, guiding decision-making or research direction.

P-Value

The probability of observing results at least as extreme as those measured when the null hypothesis is true, used in hypothesis testing.

Simple Random Sample

A segment of a statistical population where all individuals have the same likelihood of being selected.

Hypothesis Testing

A method of statistical inference used to decide whether there is enough evidence in a sample of data to support a particular belief or hypothesis about a population.