Which of the Following Is Not a Method That Company

question 61

Multiple Choice

Which of the following is not a method that company managers can use to promote operating excellence in performing value chain activities?

• A)Adopt business process reengineering.
• B)Instill a corporate culture that has a core value of operating excellence.
• C)Adopt best practices.
• D)Install TQM and/or Six Sigma quality control techniques.
• E)Adopt standard industry techniques.

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Definitions:

Time Horizon

Relates to the length of time over which an investment, project, or strategy is intended to be implemented or realized.

HR Forecasting

The practice of predicting future human resources needs of a company based on expected changes in the business environment and workforce.

Human Capital

The abilities, expertise, and experiences held by a person or a group, considered for their worth or expense to a business or nation.

Labour Market

The supply and demand for workers, in which employees look for employment and employers seek candidates.