Title: Ways to improve system efficiency of business functioning
Authors: Malhasyan, V.
Puito, O.
Zapadnyuk, E.A.
Западнюк, Е.А.
Keywords: business
business efficiency
business processes
consumers
companies
Issue Date: 2020
Citation: Malhasyan, V. Ways to improve system efficiency of business functioning / V. Malhasyan, O. Puito, E. Zapadnyuk // Journal of science. Lyon. - 2020. - № 12. - Р. 29-32.
Abstract: As your big business-idea becomes a reality, it’s time to start thinking about the structure of your business. What types of software systems do you need in place to work efficiently? How will you process phone calls, work orders, purchase orders, sales, deliveries, etc.? Eventually, every business will develop and utilize operational systems. However, your goal should be to establish certain operational systems before you open your business. Why? Because in business, efficiency matters. The more organized you are when you open, the fewer problems you’re likely to have after you open. Creating workflow systems in your company can streamline your processes and increase business efficiency. The existence and development of organizations depends on achievement of requisite holistic efficiency and effectiveness of their operations and behavior. Well-oiled or finely tuned, the business must work and keep working for both owners and consumers alike. Unfortunately, inefficiency is a reality. It comes in a variety of flavors that can cost businesses up to 30 percent of their revenue each year.
URI: https://elib.gsu.by/handle123456789/65383
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