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Nata [24]
2 years ago
10

________ management is a systematic, structured approach to improvement, in which people critically examine, rethink, and redesi

gn business processes in order to achieve dramatic improvements in one or more performance measures, such as quality, cycle time, or cost
Business
2 answers:
Sedbober [7]2 years ago
5 0

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

postnew [5]2 years ago
5 0

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.

You might be interested in
Mandy’s Packaging Inc. is a multibillion-dollar supplier of packaging materials. One of its salespeople rearranged production sc
daser333 [38]

Answer:

<u>Relationship selling</u>

Explanation:

Relationship selling is focussed more upon successfully building a long term relationship between a seller and a buyer rather than being merely focussed upon effecting a sales through .

The technique emphasizes upon the quality of interaction between the seller and the buyer which shall serve as a basis for develoment of a future relationship between the company and the customer.

This technique is prominent in case of those companies that rely on repetitive purchases on part of the buyer like private instructors. Good relationships may lead to customer loyalty which prompt repetitive purchases at their end.

In the given case, the supplier company's sales person rearranged production schedule so as to accomodate unexpected demand from a major client. Such an action demonstrates company's sales policy with emphasis upon relationship selling.

3 0
3 years ago
The January 28, 2017 (fiscal year 2016) financial statements of Caleres, Inc. reported the following information (in thousands).
creativ13 [48]

Answer:

A. $1,517,648 thousand

Explanation:

The computation of the cost of goods sold using the FIFO method is shown below:

= Cost of goods sold under LIFO - (Ending LIFO reserves - Beginning LIFO reserves)

= $1,517,397 - ($4,345 - $4,094)

= $1,517,648

We simply applied the above formula so that the cost of goods sold using the FIFO method could come

All other information i.e given is not relevant. Hence, ignored it

4 0
3 years ago
According to Adam Smith, why do people work hard?
MrRa [10]

Answer:

Money

Explanation:

they need money because to live in a house get a car,food etec

5 0
2 years ago
Which of the following is true?
pentagon [3]

Answer:

c.Rents occur at the beginning of each period of an annuity due.

Explanation:

First, know the difference between Ordinary annuity and Annuity due.

In Ordinary annuity, recurring payments occur at the end of the payment period; for example at the end of every month, end of ever year , end of every quarter etc.

On the other hand, in the case of Annuity due, the recurring payments occur at the beginning of the period like at the beginning of the month, beginning of the year;Jan 1st, or beginning of every quarter

In the case of rent, tenants pay rent at the beginning of each month making this type of payment an Annuity Due.

3 0
3 years ago
Upton Co. is growing quickly. Dividends are expected to grow at 20 percent for the next three years, with the growth rate fallin
nikdorinn [45]

Answer:

$71.03

Explanation:

To find the current share price we need to find the value of future dividends first and then discount it by the given rate of return

DATA

Growth rate = g = 20%

Time period = 3 years

Required return = 11%

Current dividend = Do = $1.45

Share price =?

Solution

Future dividend = Current dividend ( 1 + growth rate)

D1 = (1.45 x 1.20) = $1.74

D2 = (1.74 x 1.20) = $2.088

D3 = (2.088 x 1.20) = $2.5056

Value after year 3 = (D3 x Growth rate) / (Required return-Growth rate)

Value after year 3 = (2.5056*1.08) / (0.11-0.08)

Value after year 3 =$90.2

current share price = Future dividends x Present value of discounting factor

current share price = (1.74/1.11)+($2.088/1.11^2)+(2.5056/1.11^3)+($90.2/1.11^3)

current share price =  1.56 + 1.69 + 1.83 + 65.95

current share price =$71.03

6 0
2 years ago
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