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Assume you are appointed as the new CEO of Champu Chamela Pty Ltd which is a large service delivery company. Within the first 3 months in the company, you have identified that the company seriously lacks proper documented processes. To address this issue, you will need to formally inform the company's board about the consequences of lack of processes and also how implementation of proper processes can enhance the company's performance. Please explain the key points that you will include in your report.
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a. What level of Q maximizes net benefits (profits)? b. What is the maximum level of net benefits (profits)?
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