THE BUSINESS PROCESS: A business process is a sequence of steps performed for a given purpose. Based on this generic definition‚ a business process considered within the framework of trade facilitation can be defined as: A chain of logically connected activities to move goods and related information across borders from buyer to seller and to provide related services. * A process has a definite starting point-the time‚ place‚ and point of input. * The input is transformed into output
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Management Accounting and the Modern Business Environment Part-I Over the years global business environment has gone through some massive changes. These changes are due to changes in socio-economic situations‚ changes in consumers’ demands‚ changes in technological environment‚ changes in political scenario etc. Today’s business environment is referred to as the modern business environment which is characterized by globalization‚ advanced technology‚ intense competition‚ powerful customers and consumers
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Introduction to Business Systems Analysis Student Study Guide Section Two Analysis Section Overview 1. List of Objectives • Conducting a system investigation The purpose of the system investigation is to understand the existing system and‚ based on that understanding‚ prepare the requirements for the system. Generally the systems analyst will begin by gathering data‚ and then analyzing collected data. There is no standard procedure for gathering data because each system is unique. But
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Business Modelling For Enhanced Communication Business Modelling is the use of models and methods to understand and change the organisations. The goal is to reduce the communication gap between different types of people or groups that can be either business‚ social or personal. This has been presented in the following ways:- * Different level development * Exploring different viewpoints. * Describing different aspects. This is a method to research and present the different perspective
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for to be considered and discussed in this section are the Business Process Re-engineering and Kaizen models. Business Process Re-engineering Definition The world today is ever changing‚ moving from one phase to the other and the only thing that does not change is ‘change’ itself. As the modern business environment is propelled by the three Cs namely Customer‚ Competition and Change‚ organisations are always looking for new business innovations to salvage their ailing enterprise. (Hammer and
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P3 Business Analysis | Specially for June 2012 Exams | Author: Murtaza Lanewala | Page 1 of 102 THIS STUDY MATERIAL IS NOT AVAILABLE OFFLINE IN ANY FORM (DVDs‚ CDs‚ PRINTED BOOKS) EXAM TOPICS Note: click the hyperlinks below for easy navigation. Click or Home to come back. EXAM TOPICS ........................................................................................................................................ 1 KEY TERMS .............................................................
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Social Sciences – Volume 7‚ Number 1 (2008) Impact Assessment of Business Process Reengineering on Organisational Performance Mrs. Adeyemi‚ Sidikat Department of Business Administration‚ Faculty of Business and Social Sciences University of Ilorin‚ P. M. B. 1515 Ilorin‚ Kwara State‚ Nigeria E-mail: sidiadeyemi@yahoo.com Tel: +234 8054451111 Mr. Aremu‚ Mukaila Ayanda Department of Business Administration‚ Faculty of Business and Social Sciences University of Ilorin‚ P. M. B. 1515 Ilorin‚ Kwara
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Based from the process identified above‚ it shown that the process has been improved form traditional way to system online‚ the customers no longer have to queue and wait for hours to use the services. It also showed that business-reengineering process happen in the company to improve quality and productivity that give the most benefits to the company. In our culture‚ many organizations miscalculate what it takes to reengineer a business successfully. Such reengineering takes time‚ the larger
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INTRODUCTION Change management is the process by which an organization gets to its future state‚ its vision. While traditional planning processes delineate the steps on the journey‚ change management attempts to facilitate that journey. Therefore‚ creating change starts with creating a vision for change and then empowering individuals to act as change agents to attain that vision. The empowered change management agent’s need plans that provide total systems approach‚ are realistic‚ and are future
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History of Southwest Airlines On February 20‚ 1968 the Texan Aeronautical Commissions approved plans to fly in 3 states‚ the creators are Rollin King and Herb Kelleher Expanded through 1980’s to 1990’s by 1993 Southwest Airlines could fly in 34 states in 15 states In 2002 they traveled in 58 cities and 30 states‚ it has been 13 years in a row that they are profitable‚ even after September 11‚ 2001‚ net income fell 52.9 percent‚ Southwest was the only airline company that had a profit all the
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