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Business process reengineering is a quick process, but it is exceedingly expensive.
Jensen Measure
A performance metric that evaluates a portfolio manager's ability to generate excess returns relative to a benchmark, adjusting for risk.
Risk-Free Return
The return on an investment with zero risk, typically associated with U.S. Treasury securities.
Treynor's Measure
A performance metric for determining how well an investment compensates the investor for taking a risk, considering the risk-free rate.
Risk-Free Return
The theoretical return on an investment with no risk of financial loss.
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