Which of the Following Statements Concerning Business Processes Is False

question 52

Multiple Choice

Which of the following statements concerning business processes is false?

• A) A process has inputs.
• B) A process has outputs.
• C) A process has activities that can be measured.
• D) A process creates value.
• E) A process cannot cross functional area boundaries.

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Definitions:

Subcontracting

The practice of assigning parts of a contract or job to other parties or firms to specialize in those components.

Back Orders

Orders for products that cannot be filled at the current time due to lack of stock, and are therefore delayed until the stock is replenished.

Overtime Cost

The additional expense incurred by employers for work performed by employees beyond their normal working hours, often at a higher pay rate.

Holding Costs

The expenses associated with storing unsold goods or materials, including warehousing, security, and insurance costs.