________ Is the Fundamental Rethinking and Redesign of Business Processes

question 120

Multiple Choice

________ is the fundamental rethinking and redesign of business processes to achieve improvements in critical measures of performance such as cost,quality,service,speed,and customer satisfaction.

• A) Strategy
• B) Product differentiation
• C) Product designing
• D) Reengineering

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Definitions:

Universal Language

A hypothetical or actual language that is understood and can be used by all human beings for effective and inclusive communication.

Prejudice

Preconceived opinion or bias against an individual or group without just grounds or before obtaining adequate knowledge.

Direct Foreign Investment

Investments made by a company or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets.

Global Corporations

Global corporations are large businesses that operate and provide their products or services across multiple countries, influencing global trade and economy.