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Sonja [21]
3 years ago
10

Explain how the trade-off between impact and manageability works out for broad and narrow processes, respectively

Business
1 answer:
Mariulka [41]3 years ago
5 0

Answer:

Any enumeration of business processes should strive for a reasonably detailed outcome, which needs to be aligned with the organization’s specific goals of process management. For most organizations, as a rule of thumb, this will boil down to a dozen to a couple of dozens of business processes. Very large and diversified organizations might be better off with identifying a couple of hundred processes. To illustrate this: Within a multi-national investment firm, which employs close to 3,000 staff and holds assets in the range of € 300 million 120 different business processes have been identified. To each of these business processes a process owner is assigned, who oversees the performance of the process and monitors the achievement of its objectives in terms of customer satisfaction, profitability, and accountability. Detailed process models are kept up-to-date, both as a means for documenting planned changes to any process and for satisfying the requirements of financial authorities. By contrast, for a small medical clinic in the Netherlands, which employs medical specialists, nurses, and administrative staff, 10 different treatment processes have been identified. A few of these have been mapped in the form of process models and are now in the process of being automated with a business process management system. For all other processes, it is sufficient to be aware of the distinctive treatment options they can provide to different patient categories.

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both are tied to nonverbal communication

8 0
2 years ago
The price of a bond is equal to the sum of the present values of its future payments. Suppose a certain bond pays $50 one year f
Studentka2010 [4]

Answer:

The correct answer is $1,000.

Explanation:

According to the scenario, the given data are as follows:

For one year

Bond pay (p) = $50

Time period (t)= 1 year

Interest rate (r) = 5%.

So, Price of bond for 1st year = p ( 1 + r)^-t

By putting the value, we get

Price of bond for 1st year = $50 ( 1 + 0.05)^-1 = $47.62

For Second year

Bond pay (p) = $1,050

Time period (t)= 2 year

Interest rate (r) = 5%.

So, Price of bond for 2nd year = p ( 1 + r)^-t

By putting the value, we get

Price of bond for 2nd year = $1,050 ( 1 + 0.05)^-2 = $952.38

So, Total price of the bond = Price of bond for 1st year + Price of bond for 2nd year

= $47.62 + $952.38

= $1,000

7 0
4 years ago
A company's financial records at the end of the year included the following amounts: Cash $70,000 Accounts Receivable 28,000 Sup
riadik2000 [5.3K]

The income statement for the year will show a net income of 87,000 during the financial year.

<h3>What is net income?</h3>

In business, net income refers to the amount of money left over after all expenditures have been paid, such as salaries and wages, the cost of items or raw materials, and taxes.

Net Income = Gross Profit — Operating Expenses — Other Business Expenses — Taxes — Interest on Debt + Other Income

Given:

Cash = $70,000

Accounts Receivable =28,000

Supplies= 4,000

Accounts Payable = 10,000

Notes Payable = 5,000

Retained Earnings, beginning of year = 17,000

Common Stock=  40,000

Service Revenue=  53,000

Wages Expense=  8,000

Advertising Expense  =  5,000

Rent Expense  = 10,000

so, the Net income during the given period will be :

NI = total revenue-total expenses

=1,02,000-15,000

=87,000

learn more about Net income:

brainly.com/question/13561878

#SPJ1

4 0
2 years ago
April is studying finance in college. She wants to enter a career that will analyze the risk of for a company. Which career path
natima [27]

Answer:

Risk Management Specialist

Explanation:

this is because this person wants to be in a career that analyzie risk for the company which is a fit for Risk Management Specialist

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Find the attachment for complete question and its solution.

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