What is business process reengineering?
What will be an ideal response?
Business process reengineering is the activity of altering existing and designing new
business processes to take advantage of new information systems. Unfortunately, business
process reengineering is difficult, slow, and exceedingly expensive. Systems analysts need to
interview key personnel throughout the organization to determine how best to use the new
technology. Because of the complexity involved, such projects require high-level and expensive
skills and considerable time. Many early projects stalled when the enormity of the project
became apparent.
You might also like to view...
Which of the following is true for the retail industry?
A) Discount stores and catalog showrooms are competing for the same customers. B) Upscale retailers see a decline in sales as middle-market retailers thrive. C) Small, specialized retailers are crowding out larger, more diverse retailers. D) Store retailing sees no competition from non-store retailing. E) Discount stores are not doing as well as middle-market retailers.
When developing a questionnaire, the six Ws (who, what, when, where, why, and way) are used when ________
A) defining the issue B) choosing question wording C) avoiding generalizations and estimates D) determining the content of individual questions
Companies like 3M, Google, and Sony have ________ that encourage employees to develop new ideas
A) trade magazines B) marketing research firms C) government agencies D) competitor's ads E) intrapreneurial programs
Retained earnings represent the source of net assets generated by the earnings process that exceed the firm's dividend declarations. Common practice refers to the process of curtailing dividends to accumulate assets, represented by retained earnings, as _____
a. operating activities b. investing activities c. external financing d. internal financing e. dividend seizure