Examlex
If an agent has no authority but nevertheless contracts with a third party, the principal cannot normally be held liable on the contract.
Process Re-Engineering
The fundamental rethink and radical redesign of business processes to achieve dramatic improvements in critical performance measures.
Process Re-Engineering
The fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical measures of performance such as cost, service, and speed.
Systems Bottlenecks
refer to points of congestion in a system where the flow of processes is impaired, causing delays and inefficiencies.
Productivity
A measure of how efficiently outputs (goods and services) are produced from inputs (labor, capital, materials).
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