Examlex
Explain why the PLC can be applied to more than just brands.
BPM
Stands for Business Process Management, a systematic approach to improving an organization's workflow to be more efficient and adaptable.
Efficiency
Refers to the degree to which a process or system can achieve its goals with minimal waste of time, resources, or effort.
Strategic Information System
Systems designed to help an organization gain a competitive advantage, align organizational processes with its strategic goals, or significantly reduce costs.
Internal Customer
Employees or departments within an organization that use resources or services provided by other parts of the organization.
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