The Primary Purpose for Any Reengineering Is to Make an Organization

question 40

True/False

The primary purpose for any reengineering is to make an organization compliant with changes in its external environment.

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Definitions:

Market Segment

A subgroup of people or organizations sharing one or more characteristics that cause them to have similar product needs.

Attractive Opportunity

A business or investment prospect that is both appealing and likely to yield positive outcomes or profits.

Sales

The process of selling goods or services to customers in exchange for money or other valuable considerations.

Behavioral Segmentation

The division of a market into groups based on consumer behaviors, such as purchasing habits or product usage.