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According to Stevenson (2021), processes converting inputs into outputs are at the core of operations management and have strategic significance. Process selection occurs when new products or services are being planned, when technological changes are needed and when competitive pressure increases. Among the benefits of creating and using processes we can mention cost reduction, meeting customers' expectations, and streamlining business operations.
1. Identify what a business process is and mention its benefits and disadvantages.
2. Discuss what a workflow diagram is and how it can help organizations.
3. Select an organization you are familiar with and share the details of the workflow diagram. How many steps are in the process? How many people are in the process? Did the process have errors, time sensitivity, bottlenecks? Is the diagram effective?
4. Discuss the biggest challenge and benefits of the workflow of your selected organization. How would you improve the workflow diagram for them?
5. Explain why your new workflow design is better and how it will improve the success of the organization.
Molina Healthcare is known for its low cost provider strategy. Analyze current Molina Healthcare Low cost provider strategy,
BIOCO recently was sold and now has a new CEO. Do you think the BIOCO way will be as successful under the new CEO? Why or why not?
What are the differences between real property, personal property, and intellectual property? Can you provide an example of each kind of property? Can real property owners do whatever they want with their property, or are they subject to certain rest..
Explain changes to the compensation and incentives at your company that are necessary to reinforce your recommendations and increase efforts for continuous improvement throughout the organization
Compute MAD and MADE for management's technique, Do management's results outperform (ex have smaller MAD and MAPE than) a naive forecast?
Rocco and Knuckles operate a general partnership providing personal security.
Write a thank you note to your potential employer. Assume that your resume and cover letter were polished enough to get you an interview.
Assume that a large, nationwide company is negotiating a contract at the present time. What economic, political, legal,and social factors might be likely to exert some influences on these negoitations? Defend your response.
Identify one product you can think of then identify and describe the demographic, psychographic, and behavioral characteristics of its target audience.
Select a company or individual who you believe has a controversial reputation and give at least three suggestions of what they can do to help repair their image so they are viewed in a positive social light.
What is the cycle time? What is assembly-line efficiency? What is total idle time?
"Vehicles are prohibited on the paths in the park" is used as an example of a law that might require clarification.
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