_____ Is the Fundamental Rethinking and Radical Redesign of Business

question 46

Multiple Choice

_____ is the fundamental rethinking and radical redesign of business procedures to achieve dramatic improvements in critical measures of performance such as cost, quality, service, and speed.

• A)Product reengineering
• B)Product research
• C)Process reengineering
• D)Flexible manufacturing
• E)Efficiency monitoring

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Definitions:

Succession Planning

A strategic process for identifying and preparing suitable employees through mentorship and training to replace key players within an organization as they retire, leave, or move on to other opportunities.

HR Planning

The systematic process of forecasting both the future demand for and supply of employees, and the deployment of those individuals within an organization.

Succession Management Programs

are systematic efforts and strategies to ensure the continuous and effective replacement of key personnel in an organization, planning for future leadership needs.

Employment Transitions

Describes the process of changing from one job or career to another, which may involve retraining, relocation, or adjustment to a new work culture.