The examination of business processes to identify incremental changes that may reduce operating costs is referred to as
A)process improvement.
B)incremental analysis.
C)business process analysis.
D)activity-based management.

Question

Quizplus · Accepted Answer

Process improvement involves analyzing and identifying ways to optimize business processes to increase efficiency and reduce operating costs. Incremental analysis focuses on determining the cost and benefit of making specific changes to a process. Business process analysis is a broader term that encompasses both of these concepts. Activity-based management involves identifying the cost of specific activities within a process to improve efficiency and reduce costs. However, the most specific and relevant term for the given scenario is process improvement.

The Examination of Business Processes to Identify Incremental Changes That