The Radical Redesign of All Aspects of an Organization in Order

question 49

Multiple Choice

The radical redesign of all aspects of an organization in order to achieve major gains in cost reduction, service delivery, or reduction in order-processing time is known as _____.

• A) entropy
• B) process change
• C) innovation
• D) reengineering
• E) system change

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Definitions:

Assets Due

Typically refers to amounts or assets scheduled for receipt or payment within a predefined period; however, "Due" often relates to liabilities (e.g., accounts payable). NO precise term called "Assets Due" in standard financial terminology without further context.

90-Day Note

A short-term debt instrument that matures in 90 days, typically used for financing immediate needs.

360-Day Year

The 360-day year is used in financial calculations to simplify interest calculations, assuming each month has 30 days.

Maturity Value

The total amount payable to an investor at the end of a fixed term investment, including the principal and any accrued interest.