A Process That Has Been Reengineered Will Have Less of a Role

question 18

Multiple Choice

A process that has been reengineered will have less of a role for specialists because:

• A)Specialists are made redundant through the cost-cutting emphasis of BPR.
• B)Decisions that require specialists are removed from a process.
• C)Generalists are trained and act as specialists through the assistance of decision aids.
• D)Jobs are combined and key workers are given decision making responsibility.

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Definitions:

Descriptive Statements

Statements that provide detailed explanations or descriptions of scenarios, processes, or items without making analytical judgments.

FIFO Perpetual

An inventory valuation method where the first items purchased (First In) are the first ones to be used or sold (First Out) on a continuous basis.

LIFO Perpetual

A method of inventory valuation which assumes that the last items placed in inventory are the first ones sold, applied continuously throughout the accounting period.

Weighted Average

This is a calculation method that takes into account the varying degrees of importance of the numbers in a data set, giving different weights to some of the data points.