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ICE Princess25 [194]
1 year ago
13

Business process management applies only to commercial, profit-making organizations.

Business
1 answer:
GalinKa [24]1 year ago
4 0

<u><em>False</em></u>. Business process management applies to commercial, nonprofit, for-profit, and government entities.

Discovering, modeling, analyzing, measuring, improving, and optimizing business processes are all aspects of business process management. Businesses have processes in place to ensure that their strategies are effectively implemented throughout all levels of the organization. Structured and repeatable processes are one type, while unstructured and unpredictable ones are another.

Since the roles, regulations, strategies, and objectives of businesses and other entities it embraces are always evolving, business process management is an expansive field that is also inherently dynamic. Several optimization approaches, including as Six Sigma, lean management, and Agile, have found a home in  business process management over the years.

Some firms' business processes have grown too huge and complex to be handled without the help of automated tools, therefore vendors of business process management software have stepped in to facilitate widespread organizational transformation. Progress in artificial intelligence (AI) has in turn fueled the development of new Business process management tools that make it easier to find, create, measure, enhance, and automate processes. business process management, which has traditionally focused on back-end procedures, has expanded to also encompass the optimization of customer and employee interaction systems in response to the advent of digital business.

To know more about business process management refer here:

brainly.com/question/15698916

#SPJ4

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aliyah has started a mobile salon service. while she recognizes the risks involved in operating a business
yaroslaw [1]

Since Aliyah has started a mobile salon service. while she recognizes the risks involved in operating a business which makes her an entrepreneur.

<h3>Who is an entrepreneur?</h3>

An entrepreneur serves as individual that is able to start a business and bears the risk as well as the profit alone and can ,make the necessary decision in the business.

In this case, Since Aliyah has started a mobile salon service. while she recognizes the risks involved in operating a business which makes her an entrepreneur.

It can be concluded that as an entrepreneur  which is an  individual who creates a new business that is ready for the  bearing of most of the risks as well as  enjoying most of the rewards involves alot of patience and the  process of setting up a business is regarded as entrepreneurship.

Learn more about entrepreneur from

brainly.com/question/353543

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4 0
2 years ago
1. A statement of affairs shows $50,000 of assets pledged to fully secured creditors, $100,000 of assets pledged to partially se
Misha Larkins [42]

Answer:

B. $165,000

This amount is made up of as follows:

Partially unsecured Liability = $25,000 ($125,000 - 100,000)

plus Unsecured with priority = $20,000

plus Totally Unsecured  = $120,000

Total = $165,000

Explanation:

a) The fully secured liability of $40,000 had secured assets worth $50,000, giving excess assets of $10,000.

b) The partially secured liability of $125,000 could only be secured with assets worth $100,000, leaving the balance of $25,000 as unsecured.

c) The Unsecured with priority equals $20,000

d) The completely unsecured without priority equals $120,000.

When (b) to (d) are summed, the total is $165,000.

e) The unsecured liabilities with priority will be paid before other all unsecured liabilities.  That is the only advantage they enjoy.  But, they can  only be settled after all reorganization expenses had been settled.

6 0
3 years ago
25. A firm that uses weighted average process costing has 400 units in Beginning Inventory that are 80% complete. During the per
avanturin [10]

Answer:

Finished goods = $85,800

Ending inventory = $5,280

Explanation:

beginning WIP 400 units

$11,080

8000 units started

$80,000

units finished and transferred out = 8,000 + 400 - 600 = 7,800

ending inventory 600 units

80% complete

equivalent units = 7,800 + (600 x 80%) = 8,280

total costs = $91,080

cost per equivalent unit = $91,080 / 8,280 = $11

Finished goods = 7,800 x $11 = $85,800

Ending inventory = 480 x $11 = $5,280

3 0
3 years ago
As a disciplinary measure when a violation of the Insurance Code would justify suspension, revocation or denial of license, the
Alexus [3.1K]

Answer:

D) Restricted license

Explanation:

A restricted license is issued as a disciplinary action against a non-restricted licensee. The conditions that define the restricted licences vary from case to case, and the commissioner may decide to suspend or revoke a restricted license without any hearing or additional cause.

This situation is extremely complicated for the licensee since the commissioner has absolute power regarding their status and can change it at will, and the licensee doesn't have any chance or anywhere to file a complaint.

6 0
4 years ago
Are the costs related to the product that have to be paid regardless of the amount you sell.
coldgirl [10]

Answer:

C) Variable costs

Explanation:

7 0
3 years ago
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