One Fundamental Difference Between a Process Chart and a Process

question 8

Multiple Choice

One fundamental difference between a process chart and a process map is that

• A) the process chart uses a time dimension, while a process map is not time-oriented.
• B) the process chart includes the supply chain, while the process map stays within an organization.
• C) the process chart is more like a table, while the process map is more like a schematic diagram.
• D) the process chart focuses on the customer and on the provider's interaction with the customer, while the process map does not deal directly with the customer.
• E) there is no difference.

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Definitions:

Management

The organization and coordination of activities to achieve defined objectives, typically within businesses or projects.

Quantity Supplied

The amount of a product or service that producers are willing and able to sell at a given price over a certain period of time.

Supply

Represents the total amount of a product or service available to consumers in a market at any given time.

Equilibrium Price

The price at which the quantity of goods supplied equals the quantity of goods demanded in the market.