Eliminating Non-Value-Added Working for Profitability/Efficiency
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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 or not 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.
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Solution Summary
The Solution provides an example when elimination of non-value-added work is a core step in improving profitability or efficiency of the business process.
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To eliminate or reduce non-value-added work is a core step in improving profitability or efficiency of the business process.
I fully agree with this statement, and there are many examples to support it:
One of the examples is business process automation, especially when it comes to accounts receivable and account payable.
The process before included the following steps
1. Vendor ...
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