The Initial Goal of Business Process Management Is ____________________

question 19

Multiple Choice

The initial goal of business process management is ____________________.

• A)to be less radical, disruptive, and more incremental
• B)to improve profitability by decreasing costs and increasing revenue
• C)to create a competitive advantage through organizational flexibility
• D)to organize around the business process, not the individual task

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Definitions:

Profit Statements

Financial statements that summarize the revenues, costs, and expenses incurred during a specific period of time, showing the company's net earnings or losses.

Executor

An individual or institution appointed by a will to administer the estate of the deceased.

Right of Survivorship

A legal principle that allows ownership of property to automatically pass to surviving owners upon the death of another owner, without the need for probate.

Articles of Partnership

A document that outlines the terms and conditions under which a partnership operates, including the rights and responsibilities of each partner.