In Order, What Are the First Three Steps in BPM

question 15

Multiple Choice

In order, what are the first three steps in BPM?

• A) 1. identifying processes for change, 2. analyzing existing processes, 3. designing the new process.
• B) 1. analyzing existing processes, 2. identifying processes for change, 3. designing the new process.
• C) 1. identifying processes for change, 2. designing the new process, 3. implementing the new process.
• D) 1. analyzing processes to change, 2. designing the new process, 3. measuring the optimized process.

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Definitions:

Framing

The way information is presented or structured, which can significantly influence decision-making processes and perceptions.

Market Fundamentals

The basic qualitative and quantitative factors that influence the price and structure of a financial market or asset.

Technical Analysts

Financial professionals who evaluate securities by analyzing statistics generated by market activity, such as past prices and volume.

Stock Prices

The current market price at which shares of a company can be bought or sold.