Examlex
What is meant by the term marketing concept, and what is its major focus?
Hammer's Notion
Refers to Michael Hammer's concept of reengineering business processes to drastically improve performance metrics.
Process Reengineering
A business management strategy focusing on the analysis and design of workflows and processes within an organization to optimize performance and efficiency.
Customers
Individuals or entities that purchase goods or services from a business.
Teamwork
A collective endeavor by a group aimed at reaching a mutual goal or accomplishing a task in the most effective and efficient manner.
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