Describe the three types of processes and the relationships between them
What will be an ideal response?
Answer: The three types of processes are primary, support, and development. A primary process is one that addresses the main value-added activities of an organization. A process is value-added if a customer is willing to pay for the resulting outputs. A support process is one that performs necessary, albeit not value-added, activities. A development process is one that seeks to improve the performance of primary and support processes. Without development processes, a firm will become frozen at the point in time that development ceased. Customers go to a firm and reap the benefits of their primary processes and are often unaware of the firm's support and development processes. The firm must be keenly aware of all three, and apply development processes to primary and support processes in order to remain competitive and stay in business.
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Which of the following statements best describes re-direct examination?
A. The plaintiff's attorney questions the witness who was questioned by the defendant's attorney. B. The plaintiff's attorney questions the witness before he or she is questioned by the defendant's attorney. C. The defendant's attorney questions the witness who was questioned by the plaintiff's attorney. D. The defendant's attorney questions the witness before he or she is questioned by the plaintiff's attorney.
Which of the following groups are committed to the convergence of the auditing standards?
a. IAASB. b. PCAOB. c. AICPA. d. Both A and C. e. All of the above.
Which of the following statements about the steps in the target marketing process is true?
A) The first step in the target marketing process is setting marketing objectives. B) There are four steps in the target marketing process. C) The second step in the target marketing process is the identification of all segmentation variables. D) The final step in the target marketing process is positioning. E) The target marketing process is not related to positioning.
A firm is more likely to be portrayed in a positive light by the media during a crisis if its MPR professionals provide reliable and up to date information to connectors
Indicate whether the statement is true or false