A systematic method to continuously augment how organizations conduct business and projects best defines
A)process improvement.
B)product improvement.
C)value chain improvement.
D)business process reengineering.

Question

Quizplus · Accepted Answer

Process improvement involves a systematic approach to continuously enhance the way organizations conduct business and manage projects. This approach focuses on identifying and eliminating inefficiencies, reducing waste, and improving the quality and timeliness of deliverables. Product improvement focuses on enhancing the quality, features, and performance of a particular product, while value chain improvement involves optimizing the entire value chain, from sourcing materials to delivering products/services to customers. Business process reengineering involves a radical redesign of business processes to achieve significant improvements in cost, quality, service, and speed.

A Systematic Method to Continuously Augment How Organizations Conduct Business