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Hl Economics I Am So Page 2 A Flow Chart Of The Market Structures Perfect Competition Lr Equil

Hl Economics I Am So Page 2 A Flow Chart Of The Market Structures Perfect Competition Lr Equil

By Marty Patton on November 20 2018 01:08:26

A flowchart could be defined as a pictorial representation of a process in which the steps are symbolized by shapes - in other words a diagram that explains the steps in a procedure. Each shape should link to its neighbour by a connector line, and often these have arrow heads to describe the direction of flow.

A bad flowchart, on the other hand, can be an unmitigated disaster. When the visual version of your system is incorrectly assembled, it can lead to a slew of problems. Those involved in carrying out its steps may misread or misunderstand their responsibilities. A bad chart may make it harder to spot serious planning flaws. Weak efforts make it more difficult to hone systems for maximum effectiveness.

Flow Inconsistency. Every flowchart needs to move in the right direction. Two conventions determine the proper direction of flow. Either you move from top-to-bottom or you move from right-to-left. When a flowchart features elements that are moving in different directions, interpretation can become very confusing. Violating the norms also makes it more difficult for people to get a grip on your system even if you are consistently moving in the wrong direction.

One incorrect process could lead to different failure. All business processes are chained with one another. Normally, with one link broken, surely almost everything would be broken as well, which is why it is always advisable to track the problems and take corrective action as possible.

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