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Benefits of utilizing a flow chart to define a work process

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Reference no: EM13945641

"Planning Tools" Please respond to the following:

1. Suggest the major benefits of utilizing a flow chart to define and improve a work process. Outline the key steps required to construct and develop an effective flow chart.

2. Determine why one should include time value of money in any financial decision. Elaborate on how this will facilitate better financial decision making.

Reference no: EM13945641

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