What Does Business Process Reengineering Involve

question 63

Multiple Choice

What does business process reengineering involve?

• A) Analyzing and redesigning workflow within and between enterprises
• B) Managing information flows between and among activities in a supply chain to maximize total supply chain effectiveness and corporate profitability
• C) Managing all aspects of a customer's relationship with an organization to increase customer loyalty and retention and an organization's profitability
• D) Integrating all departments and functions throughout an organization into a single IT system so that employees can make decisions by viewing enterprise-wide information on all business operations

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Definitions:

Uniform Commercial Code

A comprehensive set of laws and regulations that govern commercial transactions in the United States, intended to harmonize laws across states.

Ordinary Buyers

Refers to typical consumers in the market who purchase goods or services for personal use.

Voidable Title

A legal title to property that may be annulled or invalidated due to certain circumstances, such as fraud or misrepresentation.

Sale of Goods

A transaction between a buyer and a seller in which ownership of physical products is transferred in exchange for money.