M&B Textiles Inc.,a garment manufacturing company,implements a new technology to improve the speed of its production process.To implement the new technology effectively,the company decides to train its employees on how to use this new process.The company also implements new quality checks and efficiency measures to reduce costs of production,while delivering better quality products.This process of making changes to vital company technology to make it more efficient is known as _____.
A) outsourcing
B) codetermining
C) downsizing
D) hedging
E) reengineering
Correct Answer:
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