Which of the Following Is True About the Reengineering Process

question 38

Multiple Choice

Which of the following is true about the reengineering process?

• A)Information technology applications are mandatory for process redesign.
• B)Reengineering cannot be used to review HRM department functions.
• C)Applying new technology to an inefficient process will improve effectiveness.
• D)Reengineering cannot be used to review performance management system.
• E)Product or service cost will increase if new technology is applied to an inefficient process.

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Definitions:

Single-Index Model

A model that represents the returns of a portfolio or asset as linearly dependent on the returns of a single market index, simplifying the evaluation of portfolio risk.

Markowitz Model

A portfolio optimization theory that demonstrates how to achieve the best portfolio allocation to maximize return for a given level of risk through diversification.

Systematic Risk

The risk inherent to the entire market or entire market segment, which cannot be eliminated through diversification.