Which of the Following Is an Example of Process Reengineering

question 77

Multiple Choice

Which of the following is an example of process reengineering measure?

• A) charging higher prices to increase tax benefit
• B) decreasing quantity of output produced to increase total factor productivity
• C) increasing costs of all inputs used to increase total factor productivity
• D) employing more skilled workers to improve quality

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Definitions:

Exports

Sales of goods or services produced in one country purchased by residents of another country.

Imported Goods

Goods brought into a country from abroad for sale.

Excise Tax

A tax levied on specific goods, services, or transactions, usually to discourage their use or generate revenue.

Tariff

A levy enforced by the government on products and services that are brought in from foreign countries.