Building competitive advantage through the streamlining of business processes to increase margin is known as ________.
A)business process management
B)business reengineering
C)value chain management
D)competitive reengineering

Question

Quizplus · Accepted Answer

Building competitive advantage through the streamlining of business processes is known as business process management. Business reengineering and competitive reengineering are similar concepts that refer to the fundamental overhaul of a business's processes and structures to improve performance. Value chain management is a broader concept that looks at optimizing a company's entire value chain, including suppliers and distributors, to create value for customers.

Building Competitive Advantage Through the Streamlining of Business Processes to Increase