Answer: Business process re-engineering
Explanation: In simple words, business process re-engineering refers to the process in which an organisation tries to restructure and change the process or methods of operations for smooth functioning of the business.
It is modern technique that are used by the firms in the industries which have high competition and are strongly interdependent on other firms in the industry.
True. With competition in a market, firms have to compete to stay ahead of the others
When a manager needs to make a decision using the ethical decision-making process and reaches the second stage, they check whether the decision violates the c. fundamental rights of any stakeholders
The ethical decision-making process involves making decisions that are consistent with the relevant ethical views of the company which it draws from the society it is based in.
The second stage of this process involves checking whether the ethics involved in a certain decision, would violate the fundamental rights of shareholders which include:
- The right to ownership
- The right to Dividends
- The rights to evaluate corporate decisions
- The right to voting power
This is to ensure that the shareholders are taken care of because the first duty of a manager is to their shareholders.
In conclusion, managers need to check whether a decision affects the fundamental rights of shareholders before they embark on it.
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The options for this question include:
a. utilitarian beliefs
b. the global commons
c. the fundamental rights of any stakeholders
d. home country values
Answer:Flexible
Explanation:
According to the question, clothing store tracks the sale at each location so, they are taking a very large base of consumers and they are considering each consumer that is why the quality information is flexible.
Demands of each consumer may vary such that one wants cotton fabric, another wants polyester so this makes the information more flexible as it may vary largely.
Answer:
Minimize
Explanation:
With proper planning, you can minimize your tax liability which means owe less taxes at the end of the year if you are smart about what purchases you make and when you make it and such which falls under proper finanicial planning.
