In business process management (BPM), an as-is model ________

A) documents the existing business process
B) contrasts the former and current states of a business process
C) represents the desired state of a business process
D) represents the ideal state of a business process


A

Business

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Which type of client is identified as the intial point of communication in the client organization?

a. contact client b. intermediate client c. primary client d. unwitting client

Business

As the legal owners, ________ have the most legitimate claim on a company's profits.

A. board members B. employees C. creditors D. shareholders

Business

Bank A offers a 2-year certificate of deposit (CD) that pays 10 percent compounded annually. Bank B offers a 2-year CD that is compounded semi-annually. The CDs have identical risk

What is the stated, or nominal, rate that Bank B would have to offer to make you indifferent between the two investments? A) 9.67% B) 9.76% C) 9.83% D) 9.87% E) 9.93%

Business

John and Daphne are saving for their daughter Ellen's college education. Ellen just turned 10 (at t = 0), and she will be entering college 8 years from now (at t = 8). College tuition and expenses at State U. are currently $14,500 a year, but they are expected to increase at a rate of 3.5% a year. Ellen should graduate in 4 years--if she takes longer or wants to go to graduate school, she will be on her own. Tuition and other costs will be due at the beginning of each school year (at t = 8, 9, 10, and 11). So far, John and Daphne have accumulated $12,000 in their college savings account (at t = 0). Their long-run financial plan is to add an additional $5,000 in each of the next 4 years (at t = 1, 2, 3, and 4). Then they plan to make 3 equal annual contributions in each of the following

years, t = 5, 6, and 7. They expect their investment account to earn 9%. How large must the annual payments at t = 5, 6, and 7 be to cover Ellen's anticipated college costs? A. $3,758.85 B. $3,595.43 C. $4,085.71 D. $4,004.00 E. $4,698.57

Business