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Indicate with "yes" or "no" whether each of the following statements upholds the basic principles of business process management discussed in the text.You do not need to identify the BPM principle involved.1.Brian told employees that all their concerns would be addressed at the end of the BPM project.2.Donna considered whether a BPM project required any information technology tools the company did not already have.3.Jared, an entry-level employee, suggested changes to his company's process for taking inventory as part of a focus group with top management.4.Julia argued strongly that a proposed BPM project be managed by the firm's own employees, with input as needed from an external consultant.5.Lucius objected to his company's new approach to training because they had never used it before.6.Melinda decided to change her company's purchasing process because their current process seemed too cumbersome.7.Thao planned and presented a suggested timeline to her firm's external BPM consultants.
Years
A unit of time used to describe duration or the length of time, consisting of 365 (or 366 in leap years) days or 12 months.
Real Rate of Return
The annual percentage return realized on an investment, adjusted for changes in price due to inflation or other external effects.
Dividends
Distributions of profits made by a company to its shareholders.
Inflation
An economic condition characterized by a general increase in prices and fall in the purchasing value of money.
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