According to business process management, identify the next step taken by management after identifying the ways in which the information systems can be used
A) identifying the critical processes that are to be redesigned
B) understanding and measuring the existing processes as a baseline for future improvements
C) reducing costs and shortening the time it takes to get products to market
D) designing and implementing a prototype of the new process
E) developing a vision for the organization that specifies the business objectives
D
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Computing liquidity ratios is ________ but interpreting them is ________
A) complex; even more complex B) complex; more straightforward C) straightforward; more complex D) None of these
Which of the following is a disadvantage of expert systems?
A) They cannot be updated to meet the changes in technology. B) They cannot consist of more than one If/Then rule. C) They are difficult to develop and maintain. D) The system's knowledge is available only to high-skilled experts.