Examining internal operations to see where the company can improve processes to lower costs of serving customers is an example of:
A)process improvements.
B)activity based pricing.
C)managing relationships.
D)the pricing waterfall.

Question

Quizplus · Accepted Answer

Examining internal processes to identify areas for improvement is a key component of process improvements. This involves analyzing activities and procedures within the company to streamline and improve efficiency, ultimately leading to cost savings and increased customer satisfaction. Activity based pricing, managing relationships, and the pricing waterfall are all related concepts but are not directly applicable to this scenario.

Examining Internal Operations to See Where the Company Can Improve