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Paladinen [302]
11 months ago
14

when a company provides superior value by leading its industry in price and convenience, it has obtained .

Business
1 answer:
mihalych1998 [28]11 months ago
7 0

Operational excellence refers to a company providing value by leading its industry in price and convenience by reducing costs and creating a lean and efficient value delivery system.

Business operations is the harvesting of value from belongings owned by means of a business. Assets may be either bodily or intangible. An instance of value derived from a physical asset, like a constructing, is lease. An example of fee derived from an intangible asset, like an idea, is a royalty. The attempt worried in "harvesting" this price is what constitutes business operations cycles. That is the most honest and nicely-understood control imperative of commercial enterprise operations. The primary intention of this vital is to enforce a sustained delivery of products and services to the commercial enterprise's customers at a value that is less than the finances acquired in alternate for stated items and also self-employee services—in short, creating a profit.

Learn more about Operational here

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Answer:

The correct answer is D) Top management

Explanation:

Top management, as the name implies, consists of those who are at the highest point in the management hierarchy. The most common positions that are part of top managament are, Chief Executive Officer (CEO), Chief Financial Officer (CFO), and Chief Strategist Officer (CSO). They are usually part of the Board of Directors, which answers to the shareholders.

Their task is, as the question specifies, to define the general policy of the company, including goals and strategies to achieve those goals. In a way, companies are just like nations, they have top executives like the president or the president of the senate, who define the direction in which the company/country will go.

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3 years ago
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3 years ago
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B.F. Skinner showed that people learn to behave in certain ways because of reinforcement. He is considered the father of this theory. Conversely, Sigmund Freud proposed classical conditioning.

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3 years ago
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