High-impact processes (HIPs) are:
A)Critical to the short-term objectives of the organization.
B)Only associated with events such as sales and collections.
C)Identified and established by single-functional teams.
D)Critical to the long-term objectives of the organization.

Question

High-impact processes (HIPs) are:
A)Critical to the short-term objectives of the organization.
B)Only associated with events such as sales and collections. 
C)Identified and established by single-functional teams.
D)Critical to the long-term objectives of the organization.

Quizplus · Accepted Answer

High-impact processes (HIPs) are critical to the long-term objectives of the organization. They are the key processes that directly impact the success of the organization and are usually cross-functional in nature, involving multiple departments and teams. These processes must be constantly monitored, analyzed, and improved in order to achieve the organization's long-term goals.

High-Impact Processes (HIPs) Are