The Procedure of Fundamental Rethinking and Radical Redesign of Business

question 28

Multiple Choice

The procedure of fundamental rethinking and radical redesign of business processes to achieve dramatic organizational improvements is called:

• A)competitive benchmarking.
• B)continuous improvement.
• C)process benchmarking.
• D)business process reengineering.

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Definitions:

Homeostasis

The self-regulating process by which biological systems tend to maintain stability while adjusting to conditions that are optimal for survival.

Homeostatic Hormones

Hormones that regulate internal equilibrium by ensuring physiological systems remain stable and constant.

Morphine

A potent opiate analgesic drug derived from the opium poppy, used primarily for pain relief.

Heroin

An opioid drug synthesized from morphine, highly addictive and used illicitly for its euphoric effects.