Which of the Following Statements About Re-Engineering Is/are True

question 51

Multiple Choice

Which of the following statements about re-engineering is/are true?
i. Re-engineering is the complete redesign of a process in an attempt to find new creative ways to accomplish objectivity.
ii. Re-engineering involves more of a 'giant leap' than the concept of activity-based management.
iii. Re-engineering may entail high risks.

• A) i and ii
• B) i and iii
• C) ii and iii
• D) All of the given answers

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Definitions:

Secondary Sector

The part of the economy that is concerned with transforming raw materials into finished or semi-finished products, often referred to as the industrial sector.

Tribal Society

A form of society structured around family ties, with social organization typically based on clans or tribes.

Division of Labor

The separation of a work process into a number of tasks, with each task performed by a separate person or group, leading to increased efficiency.

Services

Economic activities that produce intangible goods or benefits, such as healthcare, education, banking, and entertainment, as opposed to tangible physical products.