Business Studies, asked by Ujjwalshrma7713, 9 months ago

Which guiding principle recommends eliminating activities that do not contribute to the creation of value?

Answers

Answered by sonalip1219
0

Keep it practical and simple

Explanation:

  • The guiding principle is one of the recommendation, which provides the enduring as well universal guidance to the firm and it is practiced and applied to all the situation irrespective of the changes or variations in the strategies, management structure, goals or the kind of work.
  • The guiding principle which states the eliminating the activities and does not contribute to the value creation, is the one which says that keep it practical as well as simple.

Answered by mindfulmaisel
1

Keep it simple and practical is the guiding principle that recommends eliminating activities that do not contribute to the creation of value.

Explanation:

  • A guiding principle is a form of recommendation that helps in providing a universal guide to the organizations.  
  • The ITIL guiding principles are one of the most significant parts of the ITIL Service Value System.  
  • It is a form of guidance that is given to the enterprises which can be used in every aspect of the working of the organizations in regards to their strategies, objectives, kind of work the structure of management and more.

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