Which of the Following Statements Is True of Process Problems

question 23

Multiple Choice

Which of the following statements is true of process problems?

• A) The task of solving a process problem is ideally given to systems analysts.
• B) An as-is diagram for business processes exists in all organizations.
• C) Business analysts prefer to use process schematics instead of Business Process Modeling Notation.
• D) When a business process has simply evolved, it's possible that no one knows the entire process.

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Definitions:

Just-In-Time Performance

A strategy focusing on minimizing inventory and producing goods exactly when needed to meet demand, aiming for efficiency and waste reduction.

Mass Customization

An approach to manufacturing that combines the flexibility and personalization of custom-made products with the low unit costs associated with mass production.

Tax Losses

Financial losses that can be offset against other gains or income for tax purposes, potentially reducing the overall tax liability.

Cash Flow

The aggregate of funds entering and exiting a corporation, significantly impacting its liquidity levels.