An early form of business process management (BPM) that was developed as a means to make sweeping changes to eliminate all processes that did not add value was known as ________.
A) business process reengineering
B) business process mapping
C) business process automation
D) business process modeling
Question 2
Which of the following is true of creative destruction?
A) It makes use of illegal innovations and techniques to displace established businesses.
B) It presents newcomers with an opportunity to succeed against incumbents in an industry.
C) It happens when technologies that provide process-streamlining advantages come to the fore.
D) It increases the operational costs of the entire industry and reduces profits.
Color mixtures of refracted light—additive process.
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