Question

________ management is a systematic, structured approach to improvement, in which people critically examine, rethink, and redesign business processes in order to achieve dramatic improvements in one or more performance measures, such as quality, cycle time, or cost

Answer 1

Answer:

Business Process Re-engineering

Explanation:

Business Process Re-engineering sometimes denoted as (BPR). It is a business process which include rearrange the previous process with aim to reduced manufacturing cost and error during process.

BPR process involves assessment of previous process which include detail assessment of all process which are part of fault engineering.

steps of BPR are

1- Analyze previous process

2- identify the error

3 -design future process on the basis of error

4 - implementation of process

Answer 2

Answer:  Business process management

 

Explanation: In simple words, business process management refers to the process in which the management of an organisation uses different methods and approach to make the operations within more efficient and effective.

Under such an approach the management focuses on implementing various methods that helps to automate the processes of accounting, reporting etc.

This helps an organisation to set accountability and make communication  faster as compared to traditional standards.