The Radical Redesign of Business Processes to Achieve Dramatic Improvements

question 65

True/False

The radical redesign of business processes to achieve dramatic improvements in cost, quality, service, and speed is called reengineering.

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Definitions:

Forged

Created, altered, or imitated with the intent to deceive; typically refers to documents, signatures, or art.

Negligence

The failure to take reasonable care to avoid causing injury or loss to another person, resulting in legal liability for the damages caused.

Stored-Value Card

A plastic card that contains data regarding the value of the card, thereby allowing EFTs to be made.

Magnetic Strip

A strip of magnetic material on a credit card or other card containing data that can be read by swiping it through a reader.