What is process management? How is it different from process reengineering?

What will be an ideal response?


Process management is the term for ensuring that the flow of work among individuals and units is as rational as possible. If there needs to be radical changes, it is called process reengineering.

Business

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Of the three groups of attitudes toward luxury, the largest group is "luxury is indulgence"; this view is held mainly by wealthy seniors citizens

Indicate whether the statement is true or false

Business

What is the purpose of a data library?

Business

The quantity and quality of evidence a manager possesses for each of his or her assumptions is known as the:

A) quantity and quality of evidence B) information gap C) information state D) hypothesis state E) hypothesis statement

Business

A common problem associated with transfer pricing occurs when

a. a division purchases inputs for processing from an outside source at a price higher than the internal transfer price. b. the gross margin pricing method is used to compute the price. c. a division sells its excess output to an external customer. d. managers do not agree with the transfer prices of the inputs provided to them or of the outputs of their own division.

Business