The Central Idea of Business Process Design Is That ________

question 100

Multiple Choice

The central idea of business process design is that ________.

• A)existing processes should be improved or automated to create a new value chain.
• B)business processes should be delinked to focus on their core competencies.
• C)organizations should not automate or improve existing functional systems.
• D)integrated,cross-functional business systems decrease efficiency of existing functional systems.

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Definitions:

Insurance Proceeds

The money received from an insurance claim, compensating for losses or damages covered by an insurance policy.

Annuity Due

A type of annuity payment where payments are made at the beginning of each period instead of the end.

Growing Perpetuity

A series of cash flows that grow at a consistent rate indefinitely.

Growing Annuity

A series of periodic payments that grow at a constant rate and are received for a finite number of periods.