Business Statistics
Imagine that you are a business manager for a mid-sized company. Propose one (1) overall strategy to build an effective business model in order to both monitor / control changes in business process and predict future business performance for your company. Provide a rationale (e.g., verification process) for your response.
Per the textbook, in order to understand the causal relationship in business process, manager often asks to drill down the root cause of failures. Select one (1) project from your working or educational environment and propose at least three (3) questions that you would ask in order to identify root cause of problem. Justify your responses.
Remarks: The response must be detailed and answer the primary question and subpart of the primary question. Write clearly and concisely about business process improvement using proper grammar and writing mechanics. You must use APA format and cite (2) references.
