________ Was Popularized by Hammer and Champy and Is One

question 3

Multiple Choice

________ was popularized by Hammer and Champy and is one of the more popular methods by which organizations worldwide have been undergoing restructuring efforts to remain competitive in the twenty-first century.

• A) Restructuring
• B) The learning organization
• C) Empowerment
• D) Business process reengineering

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Definitions:

Moral Hazard

A situation in which one party is more likely to take risks because they know that another party bears the consequences or costs of those risks.

Insured Individuals

People covered by insurance policies, protecting them against financial losses from specified risks.

Less Care

A situation or behavior characterized by reduced attention or diligence towards something.

Moral Hazard

A situation in which one party is motivated to take undue risks because the consequences of those risks will be borne by another party.