BUSINESS PROCESS REENGINEERING (BPR)
The analysis and design of workflows and processes within an organization. A business process is a set of logically related tasks performed to achieve a defined business outcome. Re-engineering is the basis
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
The analysis and design of workflows and processes within an organization. A business process is a set of logically related tasks performed to achieve a defined business outcome. Re-engineering is the basis
A business service is a service (such as email or electronic messaging) delivered to customers by business units that is supported by an IT infrastructure of configuration items (CI).
Business conducted between companies and individual consumers, rather than between two companies.
Obtaining a lower interest rate (buying down the rate) by paying additional points to the lender. The lower rate may apply to the full duration of the loan or just the first
A living organism or product that can harm animals and humans.
An agreement that lists obligatios and rights that are not on the principal agreement.
The radiation made by the stars and certain elements like radon.
When a scenario is built on an imagined future and works backward to see what is needed to get there. Refer to future backward and future forward.
The freight market that ships dry bulk cargo. A broker arranges the shipping. It’s situated in London and also sells ships and shipping agreements. It was started in 1744. The full name
When a portfolio puts a major amount into short and long maturity bonds. The remaining funds are placed on bonds that mature immediately. The graph of this looks like a barbell. Refer
1.something that stops a firm from leaving uncompetitive markets or removing a nonprofitable product off the market. 2. restrictions put on industries who want to close down or restart. It is made
The quality possible under uniform conditions in the operations process.
Information used to market. Refer to attidudinal data and demographic data.
A bank that is cautios about lending. Risk is avoided with redundant safety procedures.
A highly flammable hydrocarbon. Its a solvent and feedstock. Products such as paint, plastic, and rubber have it in them. It comes frm toluene or coal. It is a carcingoen. AKA benzol,
When no negotiation is possible. It happens when bids are close to eachother.
The way that shows results every time. Its the benchmark. REfer to best in class and leading practice.
Putting one bidder against another to get lower prices. It can happen before or after submission.
A COLLATERAL agreement between two COUNTERPARTIES that requires either party to post security, depending on the value of the PORTFOLIO of contracts and the level of unsecured credit limits that have been
The phone numer a customer uses on a bill for contact information. AKA billed telephone number.