The Radical Redesign of Business Processes to Achieve Major Gains

question 3

Multiple Choice

The radical redesign of business processes to achieve major gains in cost,service,or time is called

• A) total quality management.
• B) reengineering.
• C) management by objectives.
• D) action planning.
• E) statistical process control.

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Definitions:

Contract

A legally binding agreement between two or more parties that outlines obligations and rights of the involved parties.

Promisor

The individual or party that makes a promise or commitment in a contract.

Benefiting Party

Refers to the individual or entity who receives advantage or profit from a legal agreement or act.

Promised

A declaration or assurance that one will do a particular thing or that guarantees a certain outcome or condition.