Match the following terminologies to their corresponding definitions: v A temporary endeavor undertaken to create a unique product, service, or result. A. Value chain v set of logically related collection of tasks performed to achieve a defined B. Project outcome. C. Procedure v A series of tasks that an organization performs to convert inputs to outputs. D. Product. v Reducing the number of employees to cut costs. E. Rightsizing. F. Cost Reduction G. Process. H. Supply Chain,

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Question 2
Match the following terminologies to their corresponding definitions:
A temporary endeavor undertaken to create a unique product, service, or result. A. Value chain
v set of logically related collection of tasks performed to achieve a defined
B. Project
outcome.
C. Procedure
v A series of tasks that an organization performs to convert inputs to outputs.
D. Product.
v Reducing the number of employees to cut costs.
E. Rightsizing.
F. Cost Reduction
G. Process.
H. Supply Chain.
AMoving to another question will save this response.
Transcribed Image Text:v Question Completion Status: Moving to another question will save this response. Question 2 Match the following terminologies to their corresponding definitions: A temporary endeavor undertaken to create a unique product, service, or result. A. Value chain v set of logically related collection of tasks performed to achieve a defined B. Project outcome. C. Procedure v A series of tasks that an organization performs to convert inputs to outputs. D. Product. v Reducing the number of employees to cut costs. E. Rightsizing. F. Cost Reduction G. Process. H. Supply Chain. AMoving to another question will save this response.
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