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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

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Answer:

False. Markets can sometimes fail to reach efficiencies when there are externalities, public goods, monopoly, or serious information asymmetries

Explanation:

Invisible hand (effective allocation of resources in a laissez faire economy) sometimes works because when market function effectively and send correct price as signal of values (to society) to producers.

However, when goods can't be traded on markets (public goods) or its values are not correctly reflected on markets (externalities, information asymmetries) or competition is not ensured (monopoly), markets cannot ensure effective allocation of resources.

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3 years ago
Which characteristic places people at a higher risk for trying illicit drugs?
mestny [16]
<span>being frequently exposed to drugs would be one of the characteristics.
The exposure could be caused by living on the same neighborhood where the drugs syndicates focus their operation on, Or simply by socializing (hanging out) who use the illict drugs as a form of recreation, which will give us a peer pressure to bow down and follow the habbit.
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3 years ago
Omega Custom Cabinets produces and sells custom bathroom vanities. The firm has determined that if it hires 10 workers, it can p
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Answer:the correct answer is A. For the 11th worker, the marginal profit is $600.

Explanation:

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11   men            22 vanities per week

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If the company uses 1 man more produces 2 vanities more, so the company spends $1000 on the extra man and makes 2*$800= $1,600 (for two extra vanities). For the 11th worker, the marginal profit is = $1600-$1000= $600

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the best choice would be to become a TAX AUDITOR.

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Soft skills are portable because they are somewhat applicable in every position, at every level, and over the course of your career.

What do soft talents entail?

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Numerous stakeholders, each of whom may have diverse interests, are involved in a significant amount of the work that is done in the social sector. In situations like this, having the proper interpersonal skills is essential to coming to a successful conclusion.

to know more about soft skills

brainly.com/question/14500704

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