________ Is Defined as the Fundamental Rethinking and Redesign of Business

question 87

Multiple Choice

________ is defined as the fundamental rethinking and redesign of business processes.

• A) Reengineering
• B) Benchmarking
• C) Baselining
• D) Reverse engineering
• E) Restructuring

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Definitions:

Alliance

A union or association formed for mutual benefit, especially between countries or organizations.

Offeree

The individual or entity to whom an offer is made in a contract scenario.

Offeror

The party in a contract proposal who makes an offer to enter into an agreement, waiting for the acceptance of the offeree.

Assignor

A party who transfers their rights or interests in a contract or property to another party, known as the assignee.