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Author Question: If a company is using a prospector business strategy, its market is stable, its product is mature, ... (Read 107 times)

joblessjake

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on: Jul 6, 2018
If a company is using a prospector business strategy, its market is stable, its product is mature, and it wants to increase market share by digging for new customers with new products.
 
  Indicate whether this statement is true or false.

Question 2

A fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in cost, quality, service, and speed is referred to as ________.
 
  Fill in the blank with correct word.


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TheNamesImani

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Reply #1 on: Jul 6, 2018
Answer to Question 1

Answer: FALSE

Answer to Question 2

Answer: business process reengineering (BPR)


joblessjake

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Reply 2 on: Jul 6, 2018
Thanks for the timely response, appreciate it

robbielu01

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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