Which of the following statements is true with regard to business process reengineering (BPR)?
a. BPR is an aggressive methodology that focuses primarily on reducing defects in a process.
b. BPR is the radical redesign of a firm’s existing workflows and resources to reduce operational costs.
c. Many U.S. companies had adopted BPR by the early 1960s.
d. BPR is also known as business process management (BPM).
b. BPR is the radical redesign of a firm’s existing workflows and resources to reduce operational costs.
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Firms directing the same strategy to the same target market constitute a strategic group
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1.You must be willing to question the other person’s motives and behavior openly. 2.If we perceive our goals to be at odds, we are more likely to display competitive mind-sets. 3.Healthy relationships depend on the problem-solving abilities of the individuals involved. 4.Support and acceptance encourage trust and honesty. 5.One positive side to digital communication is the potential for each person to reveal the other’s secrets should the relationship turn dark or end.
Match each term with the correct statement below.
a. demand deposit b. time deposit c. money market accounts d. reserve requirement e. open-market operations f. discount rate g. savings banks h. savings & loan associations 1. Depositor-owned financial institutions 2. Checks are one type of this 3. The Federal Reserve requirement that member banks maintain a certain percentage of their deposits on hand or on deposit in the Fed 4. The process of buying and selling government securities by the Fed 5. The interest rate the Fed charges member banks for loans 6. A financial institution that was originally formed to encourage family thrift and to loan funds for mortgages
Jill believes that she should file a plan for a Chapter 13 discharge in bankruptcy. A court will confirm her bankruptcy plan if it provides for A) the completion of all payments to all creditors within six years
B) the payment of 100 percent of all obligations in full. C) the surrender of all collateral to the creditors. D) the turnover of the debtor's future income to the trustee.