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FAQs Business Concepts

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Innovative Business Concepts

FAQs – What is Business operations

Ans – Business operations are those recurring activities involved in the running of a business

FAQs – What is Business Process?

Ans – It is a collection of related, structured activities or tasks that produce a specific service or product (serve a particular goal) for a particular customer or customers.

FAQs – What is Case Study?

Ans – It is a research method which involves analysis of an event or a case.

FAQs – What is Change Control?

Ans – It is    the procedures where changes are introduced in a controlled and coordinated manner.

FAQs – What is Cost?

Ans – It is   the value of money that has been used up to produce goods and services.

FAQs – What is Deliverable?

Ans – It is contractually required work product or services to be produced and delivered.

FAQs – What is Enterprise Modeling?

Ans – It is   understanding an enterprise business and improving its performance

FAQs – What is Focused Improvement?

Ans – It is   activity aimed at elevating the performance of any system,

FAQs – What is Lean Manufacturing?

Ans – It is the practice of a theory of production

 

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FAQs– What is Motivation?

Ans – It is the set of reasons that determines one to engage in a particular behavior or performance.

FAQs – What is Operations Research?

Ans – It is   use of applied mathematics and formal science to arrive at solutions to complex problems.

FAQs – What is Organization Development?

Ans – It is   the planned, structured, organization-wide effort to increase the organization's development

FAQs – What is Portfolio?

Ans – It is collection of investments held by an institution or a private individual.

FAQs – What is Process Architecture?

Ans – It is   structural design of general process systems

FAQs – What is Quality?

Ans – It means a high degree of excellence

FAQs – What is Systems Development Life Cycle?

Ans – SDLC is the process to develop an information system

FAQs – What is Systems Engineering?

Ans – It plans and focuses on how complex engineering projects should be designed and managed.

FAQs – What is Task Analysis?

Ans – It is   the analysis of how a task is accomplished.

FAQs – What is Timeline?

Ans – It is   the chronological sequence of events,

FAQs – What is Value Engineering?

Ans – It is   the method to improve the value of goods and services by using an examination of function.

 

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