The process by which an organization is able to improve its performance over time by developing its ability to use available resources for maximum effectiveness is known as:
A) Asset-stock accumulation
B) Value-system link concentration
C) IT infrastructure investing
D) Capability development
E) None of the above

Question

Quizplus · Accepted Answer

Capability development refers to the process through which organizations enhance their performance by improving their ability to utilize available resources effectively. This involves training, process improvement, and technological advancements, among other strategies, to build the skills and competencies necessary for achieving higher efficiency and effectiveness in operations.

The Process by Which an Organization Is Able to Improve