To Create a Good Business Process Flowchart,one Should Emphasize ________

question 64

Multiple Choice

To create a good business process flowchart,one should emphasize ________ and put less emphasis on ________.

• A)meeting with top management;meeting with staff employees
• B)following rigid rules on how to prepare a business process flowchart;clearly communicating the activities involved in the process
• C)clearly communicating the activities involved in the process;following rigid rules on how to prepare a business process flowchart
• D)meeting with staff employees;meeting with top management

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Definitions:

Vendor Managed Inventory (VMI)

A supply chain initiative where the supplier assumes the responsibility of managing inventory levels for the customer.

Outsourcing

The business practice of hiring a party outside a company to perform services and create goods that traditionally were performed in-house by the company's own employees and staff.

Holding Cost Rate

The percentage of the value of inventory held over a certain period of time as costs, including storage, insurance, and depreciation.

Economical

Characterized by efficiency and avoidance of waste, referring to the cost-effective allocation and use of resources.