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Improving business processes by reengineering them,benchmarking specific activities against industry leaders,encouraging employee input to identify excess costs,increasing capacity utilization,and improving employee productivity lead to a significant overall gain.These are examples of which turnaround strategy used by successful companies?
Journey Mapping
A visualization of the process that a person goes through in order to accomplish a goal, often used in user experience and marketing.
Level of Service
A measure of the quality of service provided, often evaluated based on customer satisfaction, speed, efficiency, and the overall experience.
Emerging Retail Technologies
New and innovative technologies that are transforming the retail industry, including e-commerce platforms, digital payment systems, and augmented reality shopping experiences.
Omnichannel Retailing
A sales approach that provides customers with a seamless shopping experience across various channels, including online and offline.
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