Understanding the Relationship Between Business Processes and Strategy Is an Important

question 15

Multiple Choice

Understanding the relationship between business processes and strategy is an important basic principle of business process management. Which of the following is an example of a strategy: (i) using general ledger software in the accounting information system, (ii) keeping prices low by controlling costs, (iii) providing goods and services that customers see as unique.

• A) I and II only
• B) I and III only
• C) II and III only
• D) I, II and III

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Definitions:

Extrinsic Motivation

Refers to motivation driven by external rewards such as money, grades, or recognition rather than the internal satisfaction of performing the task itself.

Salovey and Mayer's Model

A model that defines emotional intelligence as a set of skills including the ability to perceive, understand, manage, and use emotions effectively.

Emotional Intelligence

The ability to recognize, understand, manage, and reason with emotions in oneself and others, enhancing personal and professional relationships.

Emotional Intelligence

The ability to recognize, understand, and manage one's own emotions as well as the emotions of others.