Examlex
Match each term to the most appropriate description. Terms may be used once, more than once, or not at all.
-the side of a mountain facing away from the wind
Business Process Re-engineering
The fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical measures of performance such as cost, quality, service, and speed.
Work Flow
Work Flow is the sequence of processes through which a piece of work passes from initiation to completion, often in a business or manufacturing context.
Process Map
A visual representation of the steps involved in a process, showing how tasks are connected and flow from one to the next.
Target Costing
A pricing strategy in which the selling price of a product is determined first, and then the manufacturing cost is managed to meet the desired profit margin.
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