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4 years ago

What is a business process? Why is adopting a process view of organizations essential to becoming a successful manager?

Business

1 answer:

alisha [4.7K]4 years ago

3 0

Explanation:

Business process can be defined as the series of interlinked activities starting right from making of a product to delivering that product to the customers. An organisation's success depends on its business processes that how effectively and efficiently they are performed to achieve business goals while remaining profitable.

Organisations takes some inputs, process them into final outputs. Inputs could be in the form of information, raw material etc, while outputs are the final products.

Managers needs to understand the process view because he should have complete knowledge of all the processes of an organisation. If they have this knowledge then they can easily evaluate, analyse, and modify the processes only and if they have deep insights about them.

For example: Manager working in KFC, should have knowledge about all the manufacturing, taking orders, serving customers and then taking feedback from them. Manager can only be effective if he has knowledge and he can understand and make them happen efficiently.

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Other things the same, an increase in the U.S. interest rate causes U.S. net capital outflow to a. rise, so supply in the market

Aleksandr [31]

Answer:

b. rise, so demand in the market for foreign-currency exchange shifts right.

Explanation:

An increase in the interest rates leads to a rise in the capital outflow as savings and investment lead to more net capital outflow.

This is the movement of the assets on the company and is considered to be bad for the economy and leads to undesirable changes in the supply of the foreign currency as a shift in the demands of the consumers. This may result in political and economic instability.

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3 years ago

Does anyone know any good spells

son4ous [18]

Answer:

abra cadabra

Explanation:

8 0

3 years ago

Read 2 more answers

Employees are required to take vacations. 2. Any member of the sales department can approve credit sales. 3. Paul Jaggard ships

aliina [53]

Answer:

1. This is an example of the practice of good human resource principles

2.This is an example of poor establishment of responsibilities

3. This is an example of lack of segregation of duties

4. This is an example of independent internal verification

5. This is an example of the practice of physical control

Explanation:

1. Employees are required to take vacations.

This is an example of the practice of good human resource principles

2. Any member of the sales department can approve credit sales.

This is an example of poor establishment of responsibilities

3. Paul Jaggard ships goods to customers, bills customers, and receives payment from customers.

This is an example of lack of segregation of duties

4. Total cash receipts are compared to bank deposits daily by someone who has no other cash responsibilities.

This is an example of independent internal verification

5. Time clocks are used for recording time worked by employees.

This is an example of the practice of physical control

7 0

3 years ago

Assume that the risk-free rate of interest is 5% and the expected rate of return on the market is 17%. A stock has an expected r

crimeas [40]

Answer: ER(P) = Rf + β(Rm-Rf)

6 = 5 + β(17-5)

6 = 5 + β(12 )

6 - 5 = 12β

1 = 12β

β = 1/12

β = 0.083

Explanation: In determining the Beta of the stock, we need to apply capital asset pricing formula and then make Beta the subject of the formula. Other variables will be substituted with the exception of Beta, which becomes the subject of the formula.

6 0

4 years ago

Sweet Company’s outstanding stock consists of 1,000 shares of noncumulative 5% preferred stock with a $100 par value and 10,000

frutty [35]

Answer:

preferred stockholders received $15,000 during the first 3 years

$2,000 in the first year
$6,000 in the second year
$7,000 in the third year

common shareholders received $25,000 in dividends during the third year.

Explanation:

preferred stock = 1,000 shares x $100 par value x 5% = $5,000

common stock = 10,000 shares at $10 par value

dividends declared and paid during the first 3 years:

year dividends

1 $2,000

2 $6,000

3 $32,000

preferred stockholders should have received $5,000 per year x 3 years = $15,000. Preferred stockholders must be paid first, and their payment is fixed. If the dividends are not enough to pay the total amount, the remaining amount should be paid next year.

$2,000 in the first year
$6,000 in the second year
$7,000 in the third year

common shareholders received $32,000 - $7,000 = $25,000 in dividends during the third year.

7 0

4 years ago