In Automation

question 45

Multiple Choice

In automation

• A)business processes are simplified.
• B)business processes are reorganized to cut waste and eliminate repetitive,paper-intensive tasks.
• C)standard operating procedures are streamlined to remove bottlenecks.
• D)employees are enabled to perform their tasks more efficiently.
• E)business processes are eliminated.

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Definitions:

Disinflation

Occurs when the rate of inflation declines.

Monetarist View

An economic theory which argues that management of the nation's money supply is the key to controlling inflation and other forms of economic instability.

Economic Stabilization

Efforts or policies aimed at maintaining economic growth, controlling inflation, and reducing unemployment to achieve a stable economy.

Discretionary Policies

Economic strategies and decisions made by a government that can be altered or adjusted in response to changing economic conditions.