Reviewing and Revamping the Way Things Are Done Is the Basic

question 93

Multiple Choice

Reviewing and revamping the way things are done is the basic principle of ________.

• A) red ocean strategy
• B) brown field venturing
• C) reengineering
• D) patenting

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Definitions:

Net Income

The total earnings of a company after subtracting all expenses, including taxes, from its total revenues.

Cash Flow

The total amount of money being transferred into and out of a business, especially concerning liquidity.

Current Assets

Resources anticipated to be turned into cash, sold, or used up within a year or throughout the typical operating cycle of the company.

Net Sales

Total sales revenue minus returns, allowances, and discounts.