Why does reducing the cycle time of a business process also help to reduce errors?
Question:
Why does reducing the cycle time of a business process also help to reduce errors?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 84% (13 reviews)
Reduction in cycle time is achieved by automatin...View the full answer
Answered By
Deborah Joseph
My experience has a tutor has helped me with learning and relearning. You learn everyday actually and there are changes that are made to the curriculum every time so being a tutor has helped in keeping me updated about the present curriculum and all.
I have also been able to help over 100 students achieve better grades particularly in the categories of Math and Biology both in their internal examinations and external examinations.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Information Technology for Management Digital Strategies for Insight Action and Sustainable Performa
ISBN: 978-1118994290
10th edition
Authors: Efraim Turban, Carol Pollard, Gregory Wood
Question Posted:
Students also viewed these Business questions
-
Does reducing the cycle time of a business process also reduce errors? Why or why not?
-
Give an example of a business process that would be appropriate to consider for a firm's first venture into business process outsourcing.
-
Create a detailed process map for a function that you are responsible for." It is activities involved in defining what a business entity does, who is responsible, to what standard a business process...
-
On January 1, 20x1, Allan Co. purchased 400,000 bonds for 392,000. The bonds mature on January 1, 20x5 and pay 12% annual interest beginning January 1, 20x2. Transaction costs are negligible. The...
-
Ikon Office Solutions is the world's largest independent office technology company, with revenues approaching $5 billion and operations in the U.S., Canada, Mexico, the United Kingdom, France,...
-
Barrett Fisher, a clerk for Naval Supplies, received a payment from a customer and recorded the following journal entry: Required Is this entry correct or not? Explain why it is or is not correct....
-
How do patrilineal patrilocal families differ from matrilineal families?
-
Success Systems second quarter 2010 fixed budget performance report for its computer furniture operations follows. The $156,000 budgeted expenses include $108,000 in variable expenses for desks and...
-
Review both links above about race and U.S. immigration law and policy. Reflecting on how racism has penetrated the treatment of immigrants in the U.S. How might the recent/current public awareness...
-
Which 4 of the listed pain points does the Smart reporting feature enhancement address? A - Ensuring data confidentiality in QuickBooks B - QuickBooks data is too valuable to damage C - Gets behind...
-
What is the purpose of business process management (BPM)?
-
List and give examples of the three components of a business process.
-
On January 2, 2015, Temptations Corporation paid $ 31,500 in cash and exchanged a chocolate mixing machine, which had a fair value of $ 437,500 and a book value of $ 500,000 ($ 1,135,000 historical...
-
What is a firm's "corporate culture?" List and explain several behaviors that may be attributed to a firm's corporate culture and values system. How can the corporate culture help efforts to promote...
-
If the indirect method is used to calculate the intrinsic value of a company's equity. How to compare the intrinsic value per share and the value per share?
-
Bombay Inc. developed a new product which analysts believe will result in rapid growth of 10% over the next 2 years, and then reach a steady growth rate of 6%. The company just paid a $2.50 dividend...
-
Question 1 Envelope Company began operations this month mass-producing pull-and-seal envelopes. During the month of July, it completed 25,000 units and has 20,000 units that are 65% complete. It had...
-
At the beginning of Year 1, Copeland Drugstore purchased a new computer system for $170,000. It is expected to have a five-year life and a $30,000 salvage value. Required a. Compute the depreciation...
-
Calculate the price for a European put from the result in Example 12.1 and put-call parity. Confirm that the American put option is indeed more valuable.
-
Write a paper detailing a geographic information system (GIS) of your own design that would utilize data in an original manner.
-
Sheila Jackson is a 50% shareholder in Washington, Inc., an S corporation. This year, Jacksons share of the Washington loss is $100,000. Jackson has income from several other sources. Identify at...
-
TyroneCo, an S corporation with a positive E & P balance, reports gross receipts for the year totaling $400,000 (of which $200,000 is PII). Expenditures directly connected to the production of the...
-
Dion, a shareholder, owned 20% of Meadow Brooks stock for 292 days and 25% for the remaining 73 days in the year. Using the per-day allocation method, compute Dions share of the following S...
-
Mrs. Sam Taffer was a brilliant engineer at IBM and made a lot of money from stock options. Since then, she has worked as a musician and raised her two sons. She wishes to have most of her property...
-
Miller Company ended its fiscal year on June 30, 2017. The company's adjusted trial balance as of the end of its fiscal year is shown below. MILLER COMPANY Adjusted Trial Balance June 30, 2017...
-
What depreciation method is used to write off property, plant and equipment? Regarding the triple bottom line, what information did the company disclose about environmental matters in the reports?...
Study smarter with the SolutionInn App