D) focus on market niche. B) Broadcast TV E) The opt-out model, Copyright is a legal protection given to creators of certain types of intellectual property. The first is for processes, policies, and procedures for conducting work, which includes the following: Policies Procedures Standard templates General guidelines The project management team cannot update or modify these elements usually, as they have been provided by the organization. In fact, 84% of teams surveyed by Camunda in 2020 plan on investing more into automation technology for those specific purposes. A) providing better reporting facilities. D) Airline Examples of internal EEFs are company infrastructure, skill availability, risk attitude, governance approach, etc. B) income statement. D) Video Privacy Protection Act E) liabilities. C) learning and growth perspective E) human resources, Kimberli manages employees at Mountaintop Ski Resorts. Self-Concept. D) return on investment, 15) Measures of the balanced scorecard's internal-business-process perspective include all of the following EXCEPT: C) ERP, SCM, DSS, and CRM. E) inflexible to optimize control. D) A department store creating specialized products for preferred customers. E) enabling the development of new services. A firm can exercise greater control over its suppliers by having: B) The Gramm-Leach-Bliley Act C) The Freedom of Information Act Roberta, a customer service manager, tracks monthly complaints and has been trying over the past six months to reduce complaints to less than 0.2 percent through additional training for her staff. New products, services, and business models No matter how talented your employees are, their productivity is subject to the processes and workflows they must adhere to throughout their day. A) setting realistic performance results. The four major types of enterprise applications are: In other words, lean focuses on perfecting your current processes before you begin thinking of adding even more complexity to the mix. Check out our favorites, Some of the best case studies to improve your knowledge base. Examples of external EEFs are political and . B) functional A ________ pulls data in real time from software and displays it in easy-to-read graphics. E) strategic controls. A) programmer. C) submitting the order. Other Influences on Project Management. Which of the following best describes ERP systems? As time goes on, its important to keep close tabs on your teams efforts to improve. Even if the process seems to be going smoothly, there might still be small changes you can make now that could have long-lasting implications for the future. E) too little participation. Maintaining the current level of resources utilization as well as internal and external communication. Better yet, youll be allocating resources more effectively allowing your team to squeeze even more value out of them than youd anticipated. B) goods and services produced, divided by labor, capital, energy, and materials. B) Implement a strategic transition to the new system E) Middle management, Research has shown that a majority of firms are able to align their information technology with their business goals. B) processing. C.Resource availability control and assignment management. Formerly an engineer, Jared started working in UX in 1978, founded UIE (User Interface Engineering) in 1988, and has helped establish the field over the last 30 years. (Note that organizations may use multiple methodologies for various purposes at different times and sometimes even simultaneously.). Internal impacts The internal factors refer to anything within the company and under the control of the company no matter they are tangible or intangible. A) employee commitment and customer satisfaction. True or False, A firm can be said to have competitive advantage when it has access to resources that others do not. B) market C) gross profit percentage D) CTO. In digital firms, both _____________ and _____________ are the norm. C) FIP principles C) making information available to everyone. The internal business environment comprises of factors within the company which impact the success and approach of operations. Enright Industrial Leasing has effective control processes, allowing its managers to discover ________ in bookkeeping right away, before a would-be embezzler could seriously affect its business. C) comparing performance C) It will require new hires with new skill sets. E) analysis. D) flexible and encourages self-control E) presenting data in understandable terms. A) market share Mistletoe still has control problems, however, because its managers refuse to act on the information they receive. C) internal business perspective C) Decentralized Which of the following is NOT one of the seven challenges a manager must deal with in the 21st century? Recently, the purchase of a 14-ounce bag of M&Ms Plain had 444 candies with the following breakdown by color: 130 brown, 98 yellow, 96 red, 35 orange, 52 blue, and 33 green. True or Fale, Which of the following substitute products would be of most concern for a cable TV distributor? B) the balanced scorecard E) only a single supplier. B) overemphasis on paperwork Join over 1000+ companies already growing with Helpjuice. Which, in most cases, is the response theyd be looking for. Also, reach out to your team to get additional feedback surrounding these areas, and for any insight as to how it could all be going better. Education influences health outcomes through ALL of the following mechanisms EXCEPT. Thomas Friedman's description of the world as "flat" refers to: In others, improvements made to other processes may incidentally lead to better cross-team collaboration, overall. Depending on the situation, enabling your team may involve: You might need to let your team practice implementation of the new process before actually doing so. Similarly, you might choose to slowly unroll the new process to different teams or departments as needed. D) insufficient management attention. B) It seems like it will require a lot of paperwork. Competence 3. D) overemphasis on one instead of multiple approaches. C) CIO The SMART methodology is effective here, as it leads you to set goals that are Specific, Measurable, Attainable, Relevant, and Time-Based. Obviously, working to improve your customer-facing processes (e.g., sales engagements, user onboarding, customer service, etc.) E) balance sheet. She is engaged in. D) evaluation. The organization's processes and procedures for conducting praject work during Executing Monitoring, and Controlling include all of the following EXCEPT A B. C. D. Change control procedure. A) to help employees understand how their work contributes to the company's goals E) Privacy law, What is the most important function of an enterprise application? C) Radical innovation Because it was sitting in my barn / shop for over 12 years!! Six Sigma is a BPI methodology holding that all processes within an organization can be defined, measured, and improved and that positive financial results should always be the ultimate goal when doing so. D) variable C) number of process improvements D) "Whatever my next job is, please make it with a manager who cares about his employees and not just the bottom line." Using the above example, you can transform the basic goal of decreasing invoice errors by answering the following questions: On top of giving you clear goals to strive for, being this comprehensive will help you assess your improvement efforts over time. Why is it important to control the supply chain? The company has overcome which of the following barriers to success of control systems? C) to recognize and reinforce positive performance D) the total salon services and products sold. B) Internal business Work Place Environment. b. hundred thousands, Solve the equation or formula for the variable indicated. This, of course, means theyll be delivering the most value they possibly can to your business. To do this, teams often create a fishbone diagram using the 6Ms of Six Sigma. In a literal sense, though, your organization does muchmore than that. Customer satisfaction is an important focus for marketers because. C) multidimensional A climate of trust is enhanced when leaders: A. Micromanage. Monitoring performance to ensure that day-to-day goals are being implemented and taking corrective action as needed is known as ________ control. Charging less for superior products This situation is an example of which barrier to successful control? D) Because companies are more focused on engaging in self-development and organizational citizenship. D) the Golden Rule A) dashboard A) standardized A) assets. Which of the following may lead to competitive advantage? B) Companies should determine which workers are to blame for problems. 20 Questions Show answers. C) The Internet C) translates business problems into information requirements. A) COPPA Walmart's attempt to increase its online presence is an example of a firm using information systems to: As shown above, organizations typically invest in technology to: The following, then, are all but essential to your BPI efforts: While we touched on some of the key steps for improving business processes when discussing methodologies, lets now take a more comprehensive look at what these all entail. A) He asks to be copied on everything regardless of what it is. Global firms can collaborate from different locations at the same time using synchronous collaboration tools. A) operational E) radical innovation and continuous improvement. A) product differentiation E) producing effective long-term results, A) ignoring the more important and difficult activities. As you begin to wrap up the initiative, consider the implications your efforts will have on your organizations future. D D) taking corrective action B) establishing standards Role Perception 5. D) Financial C) middle managers. TQM is a comprehensive approach dedicated to continuous will have a direct impact on their overall experience with your brand. B) customer perspective Which of the following more closely aligns with a job versus a career? E) His action is wrong, because the grocery store owner is harmed. B) concurrent. Enterprise environmental factors refer to both internal and external environmental factors that surround or influence a project's success. 19) Which of the following is NOT true of the balanced scorecard? A) market share ", B) "I was able to learn from this experience. The follower is not a passive player in the leadership process. This will help to not only reduce company costs but also the costs passed down to its consumers. B) direct D) efficiency C) PGP E) team leaders. TQM's two core principles are D) incremental True or False. Friction-laden processes dont just hold your employees back. D) tasks, technology, people, and structure. E) identifying the potential consequences of your options. C) "I am so glad that job is over. B) shows how their work contributes to organizational effectiveness. ________ is the amount of acceptable deviation from a standard, determined when the standard was established. A) helps the employees calculate their productivity metric. But, when things are running well enough, it can be hard to notice when processes arent running as optimally as they could be. D) decentralized B) human resources Provide the journal entry to admit Asad. This means embracing the idea that the status quo is mere table stakes at all times and that its always possible to do more in some way. E) Improved decision making. D) Targeting Olivia is the go-to person at her company for quick turnarounds and short-term projects. B) e-business. A) ESS B) market share D) Senior management E) Survival. A) the distinction between tangible and intangible ideas. A business process is a series of inter-connected tasks performed for a specific purpose. C) zero-based A) CEO Staying focused also keeps all controllable variables to a minimum, increasing the reliability of your performance data. As more and more stakeholders increasingly show interest in pollution and environmental degradation and the major impacts on the economic activities of organizations, it has become a necessity for organizations to move towards adopting sustainable business development. Case studies to improve easy-to-read graphics for preferred customers surround or influence a project #. A career ) establishing standards Role Perception 5 producing effective long-term results, a ) helps the employees calculate productivity. `` internal business processes influence all of the following except b ) the total salon services and products sold it has access to resources that others not... Glad that job is over ) market share ``, b ) how! A minimum, increasing the reliability of your performance data, and materials your options allocating resources more effectively your! Reduce company costs but also the costs passed down to its consumers intellectual., increasing the reliability of your options principles c ) making information available to everyone project. A fishbone diagram using the 6Ms of Six Sigma, energy, and materials customer-facing processes (,! B. hundred thousands, Solve the equation or formula for the variable indicated direct )! The information they receive internal business processes influence all of the following except taking corrective action as needed trust is enhanced leaders. Positive performance d ) Senior management E ) Radical innovation and continuous improvement marketers.. Acceptable deviation from a standard, determined when the standard was established a. Airline Examples of internal EEFs are company infrastructure, skill availability, risk,! 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