StoreHomework - BUS 307 Week 1 DQ 2 Business Mapping of Proces...

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BUS 307 Week 1 DQ 2 Business Mapping of Processes

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  1. Business Mapping of 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 inthe process. What causes these? What is the impact on cycle times? How might this affect customers’ willingness to do business with Faircloth? What changes might you recommend to redesign this process with the needs of the customer in mind? Respond to at least two of your classmates’ postings.
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