1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
anyanavicka [17]
2 years ago
14

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

Business
1 answer:
Ganezh [65]2 years ago
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.

<u></u>

<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.

Learn more about business with the help of the given link:

brainly.com/question/11357749

#SPJ4

You might be interested in
The fundamental facilities and systems serving a country such as transportation,communication systems, power plants, and schools
vaieri [72.5K]
They are called <span>Infrastructure.</span>
6 0
3 years ago
Read 2 more answers
An individual in the US wants to buy office equipment from England which costs 2,000 pounds. If the exchange rate is 1pound=$1.9
guajiro [1.7K]

<u>Given:</u>

Cost of the office equipment in pounds = 2000

Value of 1 pound in dollars as per exchange rate = 1.9

<u>To find:</u>

The cost of the office equipment in dollars

<u>Solution:</u>

If 1 pound is 1.9 dollars, then 2000 pounds will be as follows,

\Rightarrow\text{1 pound}\rightarrow\text{1.9 dollars}\\\\ \Rightarrow\text{2000 pounds}\rightarrow1.9\times2000 \text{ dollars}=3800 \text{ dollars}\\\\ \therefore \text{The value will be 3800 dollars}

So, the correct option is Option c, that is $3800.

8 0
3 years ago
In your opinion, discuss of the importance of having a business website. And also their advantage and disadvantage.​
azamat

Answer:

The first and perhaps most obvious advantage of a business website is the potential for reaching a wider audience. The internet is used by literally millions of people, all of them are looking for something and some of them might be looking for you!

Building a website for your business will mean you could potentially reach these otherwise unreachable customers. Your business might be local, but you might have the potential to sell your products or services to a wider market, whether it be people in the next town, the nation as a whole or even the international market. Data shows that internet shopping is still on the rise, so taking your business online will potentially allow you to take advantage of the growth and expand your business. Even if you have no intention of using a business website to sell, you still might want to let customers know about your business. People commonly research businesses online before actually visiting the business location. So having a well designed website will help encourage them to come and visit you or be able to find your business in the first place.

Disadvantages of a Business Website

There are a few disadvantages of having a website for your business. Generally though, they are outweighed by numerous advantages.

8 0
3 years ago
If you offer up your car as a demonstration that you will pay off your loan to a bank or another financial lending institution,
xenn [34]
<h3>Hello there!</h3>

Your question asks if you offer up your car as a demonstration that you will pay off your loan, would your car be used as collateral?

<h3>Answer: True</h3>

The reason why your answer would be "True" is because you're offering up your car for something that could not be very certain to do.

If you offered your car as a demonstration to pay off your loan, but you don't pay off the loan, the bank has every right to take the car from you, due to the fact that the car is on collateral.

Collateral is known as something that is "forfeited" or "security" for a repayment of a loan.

In this situation, you're offering your car as collateral if you don't pay the loan back. And if you don't pay the loan back, you're going to forfeit your car to the bank in order for them to use it as a way to get money to pay off the loan themselves. Banks, bail bonds, etc. usually have people put things up for collateral to keep a "safe" measure for the loan, due to the fact that they're giving people instant money. It's just a "security" or "safety" procedure banks due in order to get something in return if the loan is not paid off, so they won't be losing money or leave empty handed.

<h3>I hope this helps!</h3><h3>Best regards, MasterInvestor</h3>
5 0
3 years ago
The idea that "the invisible hand" of competition sets prices and determines quantities produced in a market economy was the pri
sp2606 [1]
The idea that "the invisible hand" of competition sets prices and determines quantities produced in a market economy was the principal idea of B.) ADAM SMITH.

Invisible hand is said to be the metaphor Adam Smith used in referring to unintended social benefits that resulted from individual's actions.
3 0
3 years ago
Read 2 more answers
Other questions:
  • Consumer surplus
    14·1 answer
  • 12. the market for rice in an east asian country has demand and supply given by Qd = 28 -4P and Qs = -12 + 6P, where quantities
    9·2 answers
  • 1. What is the maturity value of P12,500 if it is invested at 15% simple interest for 250 days using ordinary interest?
    11·1 answer
  • Which of the following is a good example of a program?a. Planting a gardenb. Developing a new residential area that includes six
    8·1 answer
  • Prezas Company's balance sheet showed total current assets of $2,500, all of which were required in operations. Its current liab
    5·1 answer
  • An interest in and right to real property that limits the legal owner's freehold interest is called a
    5·1 answer
  • On Mar 3, Lyons Company paid dividends of $1,000. Use your knowledge of what a correct journal entry should look like to identif
    10·1 answer
  • U.S. appliance manufacturers find that different customs about shopping must be used to determine product design. For instance,
    11·1 answer
  • Tradable permits are likely to result in less inefficiency, relative to a pollution tax, when ... a. the marginal costs of damag
    10·1 answer
  • 10 roles of insurance in a business
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!