The processes used by leading companies to complete a business process in the most efficient and effective manner are called _____.
A) current best approach
B) streamlined processes
C) best practices
D) process improvement

Question

Quizplus · Accepted Answer

Best practices refer to the methods, techniques, and processes used by leading companies to complete a business process in the most efficient and effective manner. It involves identifying the most efficient methods used by other companies in the industry and adopting their practices to optimize the business process. Option A refers to the current best approach, which may not necessarily be the most efficient method. Option B refers to the implementation of a streamlined process but does not necessarily involve the adoption of the most efficient techniques. Option D refers to improving the current process but does not necessarily include the adoption of the best practices used by other leading companies.

The Processes Used by Leading Companies to Complete a Business