All categories

2 years ago

The process of analyzing the tasks necessary for the production of a product or service is called ______.

Business

1 answer:

VARVARA [1.3K]2 years ago

4 0

The correct answer is work flow design.

To offer team members and stakeholders a high-level overview of each activity involved in a certain process, workflow design entails mapping out all activities and processes in a visual manner.

<h3>How does one develop a workflow design?</h3>

Step 1- How to Create an online workflow:

Step 2- Decide on your resources.

Step 3- Make a list of the tasks that must be completed.

Step 4- Determine who is in charge of each task and assign duties.

Step 5- Make a workflow diagram to see the procedure in action.

Step 6- Try out the process you designed.

Step 7- Introduce the new workflow to your staff.

Step 8- Launch the updated workflow.

To know more about Stakeholders, visit: brainly.com/question/14514176

#SPJ4

You might be interested in

A method of accounting for uncollectible receivables in which the company estimates bad debts expense instead of waiting to see

bazaltina [42]

Answer:

The statement is True as well as correct

Explanation:

Allowance method is the financial term which is defined as the uncollectible accounts receivable procedure that reports the estimate of the bad debt expense in the same accounting or fiscal year as the sale.

Under this method, it is used to adjust the accounts receivable which appears on the balance sheet.

For example,

If the company has the credit sales of $800,000 in December and estimate that the 4% will be uncollectible. Then using this method, computing the uncollectible as:

Bad debt expense = Sales × Estimate uncollectible

= $800,000 × 4%

= $32,000

So, this estimate the bad debt expense rather than wait to see which customer will not able to collect.

5 0

3 years ago

Let’s assume a required reserve ratio of 10 percent.

Furkat [3]

Answer:

The answer is 72.9 dollars.

Explanation:

The reserve ratio of 10% means that bank must keep 10% percent of amount deposited in bank to meet emergency payments and can lend the remaining 90% to other banks. So the second bank can lend 81 dollars that is 90% of 81 dollars. As per this rule second bank has 72.9 dollars (90% of 81) to lend.

5 0

3 years ago

David is a police officer with the New York Police Department (NYPD).NYPD asks David to retire when he turns 65.It also informs

romanna [79]

Answer:

B) David will most likely lose the case as it is legal for police officers to be subjected to mandatory retirement.

Explanation:

According to relevant laws, an officer must retire upon attaining the age of 62 of after 20 years of uniformed service (if it is an Early Retirement) or 22 years of uniformed service (if it is a Normal Retirement).

Regardless of whether it is a Normal or Early retirement, the officer must disengage at the age of 62.

The relevant laws which govern the administration of the NYPD retirement process as wells pensions are:

the Administrative Code of the City of New York (NYCAC);
the New York State Retirement and Social Security Law (RSSL), and
the Rules of New York City Police Pension Fund (NYCPPF)

Cheers!

3 0

3 years ago

Petrus Framing's cost formula for its supplies cost is $1,860 per month plus $11 per frame. For the month of March, the company

MissTica

Answer:

$355 unfavorable

Explanation:

Budgeted supplies cost was [$1,860 + (635 frames x $ 11)] = ($1,860 + $6,985) = $8,845

Actual supplies cost was $9,200, so the variance was = budgeted cost - actual cost = $8,845 - $9,200 = $355 unfavorable

Since the actual supplies cost was higher than the budgeted supplies cost, then the variance must be unfavorable (because more money was spent than expected).

4 0

3 years ago

•What are the five factors of production and how do they contribute to the creation of wealth?

nordsb [41]

Two factors of production that seem to contribute the most to a nation's ability to create wealth are : Entrepreneurship and knowledge.
Germany for example, is not a country that have many resources. But through entrepreneurship and knowledge, they still are one of the world's greatest power

4 0

3 years ago