This business/management problem is solved step by step below, with detailed explanations to help you understand the method and arrive at the correct answer.

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To determine the effectiveness of submitting vendor invoices only, we need to look at the "Impact" and "Priority" levels for this activity in the provided table.
Step 1: Identify the Impact and Priority for "Submit vendor invoices".
Step 2: Evaluate the effectiveness based on these levels. An activity with both High Impact and High Priority is considered highly effective.
Therefore, it is highly effective to submit vendor invoices only.
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To determine the effectiveness of submitting vendor invoices only, we need to look at the "Impact" and "Priority" levels for this activity in the provided table.
This business/management problem is solved step by step below, with detailed explanations to help you understand the method and arrive at the correct answer.