BUS 307 Week 1 DQ 2 Business Mapping of Processes

BUS 307 Week 1 DQ 2 Business Mapping of Processes


J
Asked by 2 years ago
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Week 1 DQ 2 Business Mapping Processes

From Chapter 3, Problem 13, read the current home equity loan process at Faircloth Financial and map the current process.

Identify any rework loops and delays in the process. What causes these?

I see two main reasons of reworks/delays.

The leading point of the reworks is the reality that the application is still accomplished in a paper copy. In these present times of innovative developments, an electronic application submission methodology would seem more effective. This will solve two impediment points. Initially, there should be a strategy of approving the necessary information which is an important part of the submission procedure. At the time of the submission process, the quality control programming can scan the document in order to...

BUS 307
jacob

1 Answer

J
Answered by 2 years ago
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Oh Snap! This Answer is Locked

BUS 307 Week 1 DQ 2 Business Mapping of Processes

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Excerpt from file: Week 1 DQ 2 Business Mapping Processes From Chapter 3, Problem 13, read the current home equity loan process at Faircloth Financial and map the current process. Identify any rework loops and delays in the process. What causes these? I see two main reasons of reworks/delays. The leading point of the

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Asked: 2 years ago

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