Rather than small incremental changes to existing process, reengineering could save more time and money by rethinking and restructuring entire operations. Hence, option B is correct.
What is meant by restructuring?
Restructuring is a type of corporate activity that comprises significantly altering a business' debt, operations, or structure in an effort to lessen financial harm and strengthen the organization.
Restructuring typically takes the shape of changes to the sales tax and the property tax. Setting up a leasing company for operating assets is the first step, which may allow for a decrease in sales and income taxes.
Thus, option B is correct.
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The options are missing in the question-
A) TQM
B) reengineering
C) Six Sigma
D) transorganization development
