Operations Management

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Ref No: 3789

Question # 1: Objectives that ARAPU is trying to achieve

The objectives that ARAPU process is trying to achieve relates to the efficiency and accuracy of getting the work done. Also, it can be explained further as follows:

• Small projects are provided access to short term credit.
• To fill the gap where projects require funds quickly but their actual source of funds will take time to fund the project.
• The cost of running the operations should be minimized
• To avoid the risk of running into losing their reputation and maintaining their goodwill.

Question # 1: Main problems with the ARAPU process

• Following points enlightens the problems faced by the company.
• One of the major problems relates to facing delays in processing the applications.
• There is no system to trace or check any specific application. Company has to spent many days to confirm the status of an application upon clients request…..