Functional benchmarking - Study guides, Class notes & Summaries

WGU C483 Practice Test 100% Correctly Answered 1.)The planning level with the shortest time horizon is known as _____ planning. A)operational B)tactical C)managerial D)developmental E)vertical - Answer- A 2.)The planning process is similar to the _____ process in that both have a series of steps that are typically repeated in a cycle. A)strategy-mapping B)tactical alignment C)goal-setting D)decision-making E)environmental analysis - Answer- D 3.)In a SWOT analysis, the absence of r...

Activity Diagram - A [model] that illustrates the flow of processes and/or complex use cases by showing each [activity] along with information flows and concurrent activities. Steps can be superimposed onto horizontal [swimlanes] for the roles that perform the steps. Activity - A unit of work performed as part of an [initiative] or [process]. Actor(s) - The human and nonhuman roles that interact with the [system]. Allocation - See [requirements allocation]. Analyst - A generic name f...

MGMT 325 Test 2 | Questions with 100% Correct Answers _____ occurs when an enterprising individual pursues a lucrative opportunity. A. Bootlegging B. Franchising C. Intrapreneurship D. Entrepreneurship E. Business incubation According to many entrepreneurs and observers, when creating a new business, one should start with: A. strategic positioning. B. social capital. C. great ideas. D. domain selection. E. social responsibility. With which of the following models does a site pay commissions to...

STR 581 CAPSTONE FINAL EXAM Week 6 STR581 Capstone Final Exam - STUDY GUIDE (wink ; ) 1. A company that attempts to lead its industry in price and convenience by pursuing a focus on lean and efficient operations is pursuing what strategy? • Operational excellence • Low-cost leadership • Customer intimacy • Product leadership 2. One of the ways to change the course of a brand is to modify the product. Under product modification, adds size, weight, materials, supplements,...

MARKETING 311 Chapter 2 | Questions and Answers (Complete Solutions) Which of the following is true with regard to strategic planning? A) At the corporate level, the company starts the strategic planning process by determining what portfolio of businesses and products is best for the company. B) A strategic plan deals with a company's short-term goals. C) The focus of strategic planning is to define a game plan for long-run survival and growth. D) The strategic plan is a statement of an organ...

CNIT 280 Exam 1 Review Questions with Verified Solutions When project initiation begin? When someone in the organization identifies some business need and value that can be gained from using IT Project sponsor Primary point of contact for the project Business need Reason prompting the project Business requirements descriptions of what the information system will do (functionality, features and capabilities) Business value Benefits the system will create for the organization (tangible and in...

Purpose of benchmarking correct answers is to systemically improve manage the process improvements of project delivery by a single organization over time. Client Acceptance correct answers One of the Determinants for a projects success. It argues that projects are developed with customers, or clients, in mind, and their purpose is to satisfy customers' needs. Clients correct answers can be either internal or external to the organization Budget correct answers One of the determinants fo...

CAPM PRACTICE EXAM 2|256 Questions with Verified Answers The experiences of an organization's members are the basis for its _________. A. culture B. structure C. operations D. maturity - CORRECT ANSWER The experiences of an organization's members are the basis for its _________. A= The culture of an organization is created by its members' experiences. Organizational structures can be: A.functional, strategic or balanced. B.functional, projectized or iterative. C....

CLTD - Module 1 questions and answers Strategic Planning - The Process of developing a strategic plan. Transportation - The function of planning, scheduling, and controlling activities related to mode, vendor, and movement of inventories into and out of an organization. Benchmarking - Comparing products, processes, and services to another organization thought to have superior performance. The benchmark target may or may not be a competitor or even in the same industry. There are 7 commo...

Which economic utility is NOT a reason for students to buy textbooks on A? - ANSWERForm You walk into Ted's Wicked Dive Shop and order a custom-designed diving mask that is fitted to the specific dimensions of your face. You are really pumped up about the purchase and expect delivery in 10 days. Two weeks later you call Ted and ask him where your mask is. It turns out the order was shipping in 9 days, but to another customer with the same name who lives in Nashville. What kind of value did T...