Joseph wishes to increase the operational efficiency of his new startup. What should Joseph do?
A) Joseph should use integrated data stored in his firm's central database to analyze its day-to-day activities.
B) Joseph should avoid analyzing his firm's distribution systems as they do not play a role in its daily activities.
C) If Joseph plans to support formally defined and documented activities in his firm, he should use a dynamic planning system over a structured planning system.
D) If Joseph plans to include less specific and fluid activities in his firm, he should use a structured planning system over a dynamic planning system.

Question

Quizplus · Accepted Answer

By using integrated data stored in a central database, Joseph can analyze his firm's day-to-day activities and identify areas where operational efficiency can be improved. This will enable him to make data-driven decisions and optimize his startup's performance. The other options do not provide a practical solution for increasing operational efficiency.

Joseph Wishes to Increase the Operational Efficiency of His New