_____ Is Defined as the Design and Management of a System

question 116

Multiple Choice

_____ is defined as the design and management of a system that directs and controls the flows of materials into, through and out of the firm across national boundaries to achieve its corporate objectives at a minimum total cost.

• A)Global goods flow
• B)Global distribution
• C)Global logistics
• D)Global wholesaling
• E)Global shipping

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Definitions:

BPI

Business Process Improvement, a management exercise in which a company measures its current processes and identifies ways to improve them in order to enhance performance and efficiency.

BPR

Business Process Reengineering, a management strategy focusing on the analysis and redesign of workflows and processes within an organization.

BPM

Business Process Management, a systematic approach to improving an organization's processes and workflows for greater efficiency, effectiveness, and adaptability.

BPR

Business Process Reengineering, a management strategy focusing on the analysis and redesign of workflows and processes within an organization to improve performance.