As Part of an Effort to Evaluate Work Activities and Paperwork

question 62

Multiple Choice

As part of an effort to evaluate work activities and paperwork to determine the value they add for customers,Hewlett-Packard simplified its contracts and reduced them from twenty pages to as few as two.In this example,HP engaged in which?

• A) value-added analysis
• B) benchmarking
• C) getting closer to the customer
• D) supply chain management
• E) follow-up

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Definitions:

Tender Offer

Offer made by a company to the target company’s shareholders specifying a price and the form of payment.

Leverage Buyout

A financial transaction where a company is purchased using a significant amount of borrowed money to meet the acquisition cost.

Acquisition

The process of obtaining control of another company or business entity through purchase or merger.

Sovereign Wealth Fund

A state-owned investment fund comprised of pools of money derived from a country's reserves, used to invest in various financial assets.