Business Process Reengineering, as It Relates to an Enterprise System

question 1

Multiple Choice

Business process reengineering, as it relates to an enterprise system implementation:

• A)Always precedes the implementation
• B)May precede or be concurrent with implementation depending on the need to conform with industry best practices
• C)May precede or succeed an implementation depending on the need to conform with industry best practices
• D)Always succeeds the implementation

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Definitions:

Gross Profit

The financial result obtained after subtracting the cost of goods sold from total revenue, indicating the efficiency of a company in managing its production and labor costs.

Operating Expenses

Expenses incurred from the normal operations of a business, excluding the cost of goods sold, such as rent, salaries, and utilities.

Sales Revenue

The income received by a company from its sales of goods or services before any costs or expenses are deducted.

Gross Profit Percentage

A financial metric that shows the portion of sales revenue that exceeds the cost of goods sold, expressed as a percentage.