Exam 19: Emerging Management Practices

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Define business process reengineering (BPR).

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The key concept to an ERP system is a central site for all the data of an organization.

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One method to improve the effectiveness of open-book management is through game playing.

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Data mining employs statistical techniques to uncover answers to issues about business operations.

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What are the characteristics of firms best-suited to open-book management?

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The focus of business process reengineering is on the improvement of specific processes.

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Outsourcing and marketing worldwide enable firms to

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Diversity applies to differences in

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What are the risks and dangers of downsizing?

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Disclosing detailed financial information to all employees is a characteristic of

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A system that accounts for both environmental costs and the impact of environmental issues is referred to as a(n)__________________________________________________.

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Business process reengineering (BPR)is not associated with

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To make game playing successful,the employees must be able to

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Firms that are downsizing should engage in other innovative practices to improve efficiency.

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What is data mining and how is it used?

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A strategic alliance is a

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If a strategic alliance is to function effectively,all parties involved must feel that they are being fairly treated.

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One of the obstacles to implementing open-book management is reluctance of an organization to release sensitive financial data.

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Define a strategic alliance.

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Packaged software programs that allow companies to automate and integrate the majority of their business processes,share data,and produce information in a real-time environment are referred to as _______________________________________________________. or

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