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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. For this discussion, do the following: Identify what a business process is and mention its benefits and disadvantages. Discuss what a workflow diagram is and how it can help organizations. 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? Discuss the biggest challenge and benefits of the workflow of your selected organization. How would you improve the workflow diagram for them? Explain why your new workflow design is better and how it will improve the success of the organization.
What is intellectual property? What laws govern intellectual property? Should further/lengthier copyright protections be extended to copyright holders?
Explain the business decision. Discuss why the business decision is valid or not valid based on your argument.
Bob's Bumpers has a repetitive manufacturing facility in Kentucky that makes automobile bumpers and other auto body parts. The facility operates
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In a low-context culture, such as that of the United States and New Zealand, the verbal part of the message carries the meaning
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The bond has a face value of INR 100, pays of a coupon of 15% annually and will mature after 3 years?
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