A detailed map that identifies the specific activities that make up the informational, physical and/or monetary flows of a process is A. an activity on node map. B. a process map. C. an efficiency map. D. a benchmarking map.
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A detailed map that identifies the specific activities that make up the informational, physical and/or monetary flows of a process is A. an activity on node map. B. a process map. C. an efficiency map. D. a benchmarking map.
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- The following reflects the types of processes aligned with the process analysis method: a. Directional and informational b. Directed and informed c. Directional and informative d. Directional informationBelow are the ten knowledge areas defined by the PMI. Let's discuss their importance and contrast them to the five process groups. Does each knowledge area have a home under a process group, and if so can a knowledge area live under more than one process group? 1. Project integration management 2. Project scope management 3. Project time management 4. Project cost management 5. Project quality management 6. Project resource management 7. Project communications management 8. Project risk management 9. Project procurement management 10. Project stakeholder managementWhich statement is true? A. In the Service (Productt) Processs matrix, the degree of labor intensity refers to the ratio of labor cost to total cost. B. In the Service (Productt) Processs matrix, capital intensive services such as airlines and hospitals are grouped under the service category Masss Service. C. In the Service (Productt) Processs matrix, volume refers to the volume of business generated from new customers in the previous month. D. The Service (Productt) Processs matrix offers no place for large, capital-intensive businesses with 24/7, continuous production.
- Analytics Solution Implementation Process Flow: Identify Risks and Contingencies Identify Business Success Criteria Identify Project Success Criteria Determine how missing attributes will be constructed Identify special values, document their meaning, and decide how to deal with them Determine what is the expected time frame for generating a new model Check for what things could change in the environment Refine process plan and recommend alternative continuations if necessary [Choose ] [Choose] Next Steps Feasibility Analysis Application Architecture Monitoring and Maintenance Project Plan Analytical/Data Mining Models Business Objectives Results Evaluation Data Preparation Technical Architecture Analytics/Data Mining Goals Data Quality Verification [Choose ] [Choose ] [Choose ] [Choose] < < <?Which one of the following is correct regarding organization sustaining activities They may be allocated to cost objects depending on the cost object a O They are carried out regardless of the products produced or customers served b O Include only period costs .c O They include activities to each individual unit of the product d OIt is a comprehensive flowchart of the service industry. O a. Bottleneck O b. Service blueprint. O c. Distribution method O d. Service delivery process In determining the employee's qualification, entrepreneurs look for these following criteria. a. no. of previous employment and connections b. educational background and work experience C. physical attributes and age O d. financial capabilities and family background
- State whether the following statements are true or false. If the statement is false, write its correct answer: 1. Process and Product design should be put in a way to reach customer satisfaction, and decrease profit and selling. Answer: 2. Operations management can be utilized in Process design, for it is beneficial to reduce the value of the product at every phase of its production. Answer: 3. A flow chart is a diagram that uses arrows and different symbols to represent consecutive events of a workflow or process. Answer: 4. The five key performance factors to access a process performance are: quantity, speed, dependability, flexibility and cost. Answer: 5. The process design consists of different steps and stages that are classified in an unorganized order, for the successful creation of the final product. Answer: 6. In the service industry, it’s possible to separate service design from process design. Answer: 7. Design is any part of an organization which…A/What is the relationship between the goals of a process system and the risk associated with that system? (1 page max.) B/What is the relationship between the goals of a process system and the risk associated with that system? (1 page max.)How pepperfry is using operational CRM ?
- Classify the following activities as primarily planning, Implementation, or control: a. Doing a cost-benefit analysis of adding a new branch versus installing three new automated teller machines (ATMS). b. Estimating the cost of raw materials to be purchased during the next quarter. c. Analyzing market demand to assist in the preparation of the sales budget. d. Compiling the labour report for the past week. e. Outlining the changes to a process based on a process reengineering team report. f. Documenting the savings from reductions in raw materials inventory resulting from the adoption of a JIT inventory system.Mr Robert is working as the head of the accounting department in HARDA Limited for a decade. HARDA Limited wants to move from the legacy system to a new accounting information system. For this purpose, Mr Robert contacted a system professional, Paul Walker. During the initial meeting, Paul reveals that our system analysis team will first examine the old system, such as reviewing key documents and observing the workers perform their tasks. This initial analysis will enable us to determine which aspects are working well and which should be preserved. Robert disagrees with his opinion. Robert indicates that we have been through these types of projects before, and what always ends up happening is that we do not get the new system we are promised. We get a modified version of the old system. Paul Walker is still strict with his opinion and says that I can guarantee you that this will not happen again. As a system analyst, I need a proper understanding of the old system. What is working…79) Which of the following best describes the benefit of Balanced Scorecard? a) The Balanced Scorecard guarantees a firm financial success for its shareholders and employees. b) The balanced Scorecard guards against the sub -optimization of individual functions by providing a holistic view of different operational measures. c) The balanced scorecard ensures that a firms product strategy is leading the market. d) The balanced scorecard protects the firm from having over-reaching government regulations.