If a firm decided to reevaluate and reorganize the way it did business, in hopes of creating competitive advantage, by changing or decreasing jobs, the company would be using which of the following management technique?
A)The value chain.
B)Business intelligence.
C)Business process improvement.
D)Product reevaluation.
E)Life cycle costing.

Question

Quizplus · Accepted Answer

Business process improvement involves reevaluating and reorganizing business processes in order to create competitive advantage. This can involve changing or decreasing jobs within the company to improve efficiency and effectiveness. The other options listed do not necessarily involve job changes or reorganization of the company's structure.

If a Firm Decided to Reevaluate and Reorganize the Way