The pro forma financial statements are the heart of the ...

[Medesa]

The pro forma financial statements are the heart of the operations section of a business plan.
 
  Indicate whether the statement is true or false

Question 2

What is the difference between work-flow analysis and job analysis? How do both processes benefit an organization?
 
  What will be an ideal response?

[yotaSR5]

Answer to Question 1

FALSE

Answer to Question 2

Answer: Work flow is the way work is organized to meet the organization's production or service goals. Managers need to do work-flow analysis to examine how work creates or adds value to the ongoing business processes. Work-flow analysis looks at how work moves from the customer through the organization to the point at which the work leaves the organization as a product or service for the customer. After a work-flow analysis has been done and jobs have been designed, the employer needs to define and communicate job expectations for individual employees. This is best done through job analysis, which is the systematic gathering and organization of information concerning jobs. Job analysis puts a job under the microscope to reveal important details about it. Specifically, it identifies the tasks, duties, and responsibilities of a particular job.