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Week 3 Discussion “Business Processes” Per the textbook, to eliminate or reduce non-value-added work is a core step in improving profitability or efficiency of the business process. Give your opinio
Week 3 Discussion
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“Business Processes”
- Per the textbook, to eliminate or reduce non-value-added work is a core step in improving profitability or efficiency of the business process. Give your opinion on whether you agree or disagree with this statement and include one (1) example of a business process which supports or criticizes the aforementioned statement to support your position.
Week 4 Discussion
“Statistical Engineering Frameworks”
- Compare and contrast the fundamental differences between process improvement framework and problem-solving framework. Provide one (1) example of business management applying each framework to support your response.
Week 5 Discussion
“Reflection to Date”
- In the second half of the quarter, we will extend our statistical thinking concepts to practical applications. We will discuss using tools (e.g., Excel) for the execution. Watch the video titled “Descriptive Statistics using ‘Data Analysis’ tool in Excel”, located at https://www.youtube.com/watch?v=5MFjwM6K5Sg. Next, speculate on the overall manner in which you would use tools, such as Excel, to apply a business-critical thinking strategy. Include one (1) example of such application to support your response.
Week 6 Discussion
“Process Improvement and Problem-Solving Tools”
- Among the tools (e.g., graphics tools, knowledge-based tools, etc.) that the author discussed in the textbook, determine the type of tool that you would use for process improvement framework. Next, determine the type of tool you would use for problem solving framework. Justify your response.
