Answer:
e. All of these is the correct answer.
Explanation:
- Process Redesign is an approach of rethinking and recreating the business processes to improve product quality, reduce cost and improve the output and also to bring improvements in the performance.
- Process redesign involves the analysis of inefficient processes and finds out the ways to improve them and also analyze the business workflows and processes.
- Process redesign is also called as process reengineering or business transformation.
Answer:
The correct answer is option E.
Explanation:
The Philips curve shows the inverse relationship between inflation and unemployment. The Philips curve, in the short run, is downward sloping L shaped indicating this inverse relationship.
But according to economists, in the long run, there is no trade-off between inflation rate and unemployment. The inflation and unemployment are related in the short run, they are not related in the long run.
The long-run Phillips curve is a vertical line at the point of the natural rate of unemployment.
The primary objective of growth mutual funds is capital appreciation with a high level of current income.
This statement is False.
A mutual fund is an investment vehicle that is professionally managed and collects money from a number of investors to buy securities.
The phrase is frequently used in the US, Canada, and India, while other countries with comparable arrangements include the UK's SICAV in Europe.
The primary investments of mutual funds are frequently categorized as money market funds, bond or fixed income funds, stock or equity funds, or hybrid funds.
Alternatively, funds can be characterized as actively managed funds, which aim to outperform stock market indices but typically charge higher fees, or index funds, which are passively managed funds that follow the performance of an index, such as a stock market index or bond market index.
Unit investment, closed-end funds, and open-end funds are the three main types of mutual funds.
Learn more about mutual funds here
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The answer is Credit card.
Credit card is a small plastic card issued by a bank, business, etc., allowing the holder to purchase goods or services on credit.