A ____ is the business activities necessary to convert inputs into desired outputs.
A) work instruction
B) procedure
C) process
D) payback period

Question

Quizplus · Accepted Answer

A process refers to a series of steps or actions that are taken in order to convert inputs into desired outputs. This can involve a combination of people, resources, and technology to achieve a specific goal or objective. Whereas work instructions and procedures are typically more specific in nature and focus on how to perform a particular task or activity. Payback period, on the other hand, is a financial metric used to assess the amount of time it takes for an investment to generate enough cash flow to pay for itself.

A ____ Is the Business Activities Necessary to Convert Inputs