Below is the simple process model. What development activity would you choose to add first to this process and why?

1 answer:

5 0

In the given Simple Model, I would like to add Requirements Gathering and Analysis after the Problem Statement. Because we know the problem description and we need to derive the requirements using the given data.

<h3><u>What exactly does "process modeling" mean?</u></h3>

Business processes or workflows are represented graphically in process modeling. Similar to a flow chart, each stage of the process is broken down so that a complete picture of the tasks involved in it within the context of the business environment is available.

A process model enables business processes to be visualized, helping firms better understand their internal business processes and manage and improve them. This is typically a flexible exercise for ongoing development.

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<u>What advantages does process modeling have?</u>

Business processes are given a visual representation through the process modeling method, making it easier for users to analyze them and determine how they might be improved. Process modeling also has additional advantages, such as:

Increased effectiveness
Gain transparency
Ensure best practices
Develop comprehension
Business orchestration.

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Answer:

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Explanation:

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A stock had returns of 12 percent, 16 percent, 10 percent, 19 percent, 15 percent, and -6 percent over the last six years. What

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10.68%

Explanation:

Data provided in the question:

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Now,

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