Answer:
The correct answer is letter "D": Opportunity cost.
Explanation:
Opportunity cost is described as the return of the choice selected over the potential return that could have been obtained from the choice left behind. It represents the return of the option chosen compared to the choice forgone. Opportunity costs is also defined as the return of the best next available option.
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(C) Business process reengineering (BPR) is the analysis and redesign of workflow within and between enterprises.
<h3>
What is Business process reengineering
(BPR)?</h3>
- Business process re-engineering (BPR) is an early 1990s business management method that focuses on the analysis and design of workflows and business processes within a company.
- BPR seeks to assist firms in fundamentally rethinking how they do business in order to improve customer experience, reduce operational costs, and compete on a global scale.
- BPR aims to assist businesses in significantly restructuring their organizations by focusing on the design of their business processes from the ground up.
- A business process, according to early BPR proponent Thomas H. Davenport (1990), is a sequence of logically related operations executed to produce a specific business objective.
Therefore, (C) business process reengineering (BPR) is the analysis and redesign of workflow within and between enterprises.
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Complete question:
__________ is the analysis and redesign of workflow within and between enterprises.
Multiple Choice
(A) Critical success factors (CSFs)
(B) Benchmarking metrics
(C) Business process reengineering (BPR)
(D) Decision support interfaces (DSI)
Bonds have a maturity date, are perpetual, and pay a coupon rate.
Answer: (D) More will be able to pay for that product
Explanation:
