BUSINESS STATISTICS Touring a Process. Select a place of your choice (e.g. supermarket, doctor’s office, library, Post...

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General Management

BUSINESS STATISTICS
Touring a Process. Select a place of your choice (e.g.supermarket, doctor’s office, library, Post Office, departmentstore, etc. BUT don't use a restaurant) and observe one or more keyprocesses, the associated suppliers, inputs, process steps,outputs, customers, the measurement systems, and how themeasurements are used to manage and improve the process. Reportyour findings as a document. Include these items:
1. Company visited
2.Process observed
3. SIPOC elements
4. Process measurements
5. Process management systems used

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Touring process is an action taken in a selected place of interest to get some knowledge from it It can be a place of site attraction learning institution manufacturing site mining areas or even a research institution In this essay I will use a choice of the supermarket The key processes in the supermarket are corelated There different suppliers who supply a variety of products like foodstuffs furniture electronic equipment office items clothing home living home appliances and many other product suppliers The input process mainly focuses on the investment bestow in the business be it financially human resources and the infrastructures The output varies from being positive to negative as sales vary from a daily basis but on average production is relatively positive The main of any business it maximizes profits and increases the economics of scale So at the supermarket they seek to gain more customers sell more and get more benefits from the business Such activity is done to develop more competitive with their rivals business partners In an interview with customers they lamented on getting their required products whenever they want Their services also met in time and the required manner in due respect Also on their inputs and process there is well usage of borrowed capital for an investment expecting the profits made to be higher than the interest payable The effects of output mainly felt across the owners of the enterprise employees and customers Owners are enjoying the profits bonuses and gaining a monopoly in areas where there is no competition Employees on the other hand are comfortable with their monthly salaries and yearly bonuses and also the right working place being cared for by the human resource department Customers are also not left out and they get their products of need and services See Answer

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