"Building and Using Models" Note: Online students, please select one of the two subjects to discuss. 

  • 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 “whys” to drill down the root cause  of failures. Select one (1) project from your working or educational  environment and propose at least three (3) “why” questions that you  would ask in order to identify root cause of problem. Justify your  responses. 


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