What is the term for the act of recreating a core business process with the goal of improving product output, quality or reducing costs ?

CS Executive · Financial and Strategic Management · PYQS · June 2024
What is the term for the act of recreating a core business process with the goal of improving product output, quality or reducing costs ?
(A) Business Process Improvement
(B) Business Process Enhancement
(C) Business Process Management
(D) Business Process Reengineering

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Strategic Management

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