The Goal of Reengineering Is to Gain Small Incremental Cost

question 16

True/False

The goal of reengineering is to gain small incremental cost savings.

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Definitions:

Poor Communication

Inadequate exchange of information that leads to misunderstandings, errors, and inefficiencies in an organizational setting.

Clear Objectives

Well-defined aims or goals that are explicit and straightforward to understand and achieve.

Value Chain

Is the sequence of activities that transform materials into finished products.

Flexible Manufacturing Systems

Flexible Manufacturing Systems are highly adaptable production methods that enable a manufacturing facility to respond effectively to changing product demands and production needs.