Process Redesign, Which Is Also Known as _____, Involves the Radical

question 79

Short Answer

Process redesign, which is also known as _____, involves the radical redesign of business processes, organizational structures, information systems, and values.

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Definitions:

Training

The process of acquiring specific skills or enhancing existing skills through practice and instruction for a particular purpose.

Unheard Wealth

Resources or values that exist within a community or society but are not recognized by conventional economic measures or mainstream acknowledgments.

Means of Production

The physical, non-human inputs used for producing economic value, such as factories, machines, and land, often discussed in the context of labor and capitalism.

Organizational Assets

Resources owned by an organization that have economic value and can contribute to its operational success and growth.