1.

Do you think flowcharts are important? Why or why not?

Answer»

Yes, flowcharts are essential. One of the significant BENEFITS of a flowchart is it gives the visual clarity on the process or progress.

With proper flow charts, it is easier to DEMONSTRATE the workflows to stakeholders. They can also play the mode of instant communication.

5. What is Business Model Analysis?

A business model is an integrated framework to understand, DESIGN, and test your business assumptions in the marketplace. This model can be USED in establishing NEW business opportunities or can help in the growth of an existing business in the marketplace.

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