Which of the Following Is True of a World-Class Organization

question 24

Multiple Choice

Which of the following is true of a world-class organization?

• A) It merely strives for improvement.
• B) It applies the best and latest knowledge and ideas.
• C) It has a lofty, impossible, unnecessary goal.
• D) It focuses on competition instead of profits.
• E) It enforces rigid rules and regulations for employees.

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Definitions:

Franchising

Contractual business arrangement between a manufacturer or other supplier, and a dealer such as a restaurant operator or retailer.

Recognizable Company Name

A business name easily identified or recalled by the public due to its distinctiveness or familiarity.

Training

The process of enhancing the skills, capabilities, and knowledge of employees for improving the performance of a job.