Define and Explain the optimization tool i.e. Reengineering with example from real world.
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Davenport (1990), a business process is a set of logically related tasks performed to achieve a defined business outcome. Re-engineering ...
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Business process reengineering examples: company selling commemorative cards. In a company that offers products such as Christmas, anniversary, commemorative cards, etc., renewing the stock and changing the design of the cards is constantly fundamental
Re-engineering is most commonly defined as the redesign of business processes—and the associated systems and structures—to achieve a dramatic improvement in business performance. ... It is the examination and change of five components of the business strategy, process, technology, organization, and culture.
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