Which of the following observations about reengineering is true?
A. It is primarily concerned with production processes.
B. Critical processes are not altered during this process.
C. Changing customer needs and technologies necessitate reengineering.
D. It has no impact on human resource practices and systems.
E. It is an effort to retain the current work processes with minimal change.
Answer: C. Changing customer needs and technologies necessitate reengineering.
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Which is a possible penalty for mortgage fraud?
A. Up to $1 million fine and or imprisonment for up to 30 years. B. Highway trash pick up. C. Loss of property obtained by fraud. D. A fine equal to the amount of the fraudulent profit realized.
Which of the following is true of channel members?
A) They act independent of each other. B) They play specialized roles in the channel. C) They are not accountable to other channel members. D) They play generalized and interchangeable roles in the distribution process. E) Their competence and cooperation don't affect the company's image or profits.