CCBA · Question #474
CCBA Question #474: Real Exam Question with Answer & Explanation
The correct answer is C. increased efficiency. An opportunity is a situation in which it is possible for an organization to perform more effectively or efficiently, or to better meet the needs and desires of its stakeholders1. One type of opportunity is increased efficiency, which means reducing the amount of resources, time,
Question
Options
- AReduced barriers to entry
- Bimproved access to information
- Cincreased efficiency
- DAdditional capabilities
Explanation
An opportunity is a situation in which it is possible for an organization to perform more effectively or efficiently, or to better meet the needs and desires of its stakeholders1. One type of opportunity is increased efficiency, which means reducing the amount of resources, time, or effort required to produce the same or better results2. In this question, preventing different stakeholders from performing the same function in distinctly different ways can lead to increased efficiency by eliminating duplication, inconsistency, and confusion.
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