Identify and Briefly Explain the Eight Steps That Should Be

question 58

Essay

Identify and briefly explain the eight steps that should be followed to manage successfully the transformation of an organisation to a process prospective.

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Definitions:

Termination

The process of ending something, such as a contract, employment, or business operation, often following specific terms or conditions.

Incompatible

Refers to components, systems, or substances that are unable to work together or exist together without conflict or adverse reactions.

Excessive Losses

Financial shortfalls that substantially exceed normal or expected amounts, potentially jeopardizing a company's stability.

Deficit

A financial situation where liabilities exceed assets, expenses exceed income, or losses surpass profits.