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Why did specialization, which arose largely as the result of the industrial revolution, give rise to a need for business analysts?
1-Business activities became more complex, being composed of many smaller steps, which led to inefficiencies that could be identified and reduced or eliminated through careful analysis.
2-Because specialization occurred only after companies began installing computers to streamline processes, business analysts were needed to write software programs to operate large industrial machinery.
3-The industrial revolution brought increased competition among companies along with a risk of financial instability. Consequently, business analysis became necessary to help companies decide where to invest their profits for greater returns.
4-None of the options are correct.
A factory uses 16 tons of raw material each week (assume it works 50 weeks a year, 1 shift, 5 days a week). Each time it buys the raw material from its supplier, it pays a set up cost of $45, and its annual holding cost is $3.25 per ton. Its current ..
Some principles of the Grass Roots Model include the acronym CLIMB: Create a compelling future; Let the customer drive the organization; Involve every mind; Manage work horizontally, and Build personal credibility
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To identify, plan, and execute this project, you must first develop a means for communicating with existing department heads in the research and development and sales departments.
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