Why com panies go for business process re engineering middot with the help of technology ........

Indian Economic System(RAS) Industry

Download Solution PDF

Why com panies go for business process re-engineering · with the help of technology ?

This questions was previously asked in

Complete-Test, Previous year (2018)

View All RAS Previous Year Papers

Customers' demand and expectations are continuously increasing.

IT being leveraged to provide compet itive edge in products and services at lower costs.

The pace of change has accelerated with the libe ralisation of economies world over.

All of these

छोटे Courses बड़े Results

Master Industry

Prepare through Micro-courses

Try Now

Explanation:

- Customers' demand and expectations are continuously increasing: As markets evolve, companies need to adapt to rising customer expectations to remain competitive. This often involves re-engineering processes for better efficiency and experiences.

- IT being leveraged to provide competitive edge in products and services at lower costs: Technology enables companies to streamline operations and reduce expenses, thereby offering greater value to customers.

- The pace of change has accelerated with the liberalisation of economies worldwide: Globalisation has intensified competition, urging companies to rethink and improve their processes to remain relevant.

- All of these: ? All the above reasons collectively drive businesses to re-engineer their processes using technology.

Report error

Submit Error