To date, data-flow diagrams have not been useful tools for modeling processes in business process reengineering
Indicate whether the statement is true or false
FALSE
Explanation: The text provides several examples how DFDs have been useful for modeling processes in business process reengineering (i.e., IBM Credit Corporation example) where companies have successfully reengineered its primary business processes.
CL
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Producers of convenience products and common raw materials typically seek exclusive distribution, a strategy in which they stock their products in as many outlets as possible
Indicate whether the statement is true or false
According to U.S. GAAP, firms holding debt and equity securities for short-term profit potential
a. report the investments on the balance sheet at market value. b. initially record the investments at acquisition cost. c. report unrealized holding gains and losses on the investments in the income statement. d. all of the above. e. none of the above.
The _______ provides inexpensive, convenient, self-service exchange relationships with minimal value-added service, often through Internet Web sites or other direct marketing media
a. efficient, low-cost transactional experience b. high-touch, consultative experience c. flexible, multi-access-point experience d. one-stop shopping experience
If a company has a positive contribution margin but net operating income is low or negative, what are some ways of increasing net operating income?
A) Increase sales price B) Increase sales volume C) Decrease variable costs D) All of these are ways to increase net operating income