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Business process - Definition and Overview |
| Related Words: Acting, Action, Activism, Activity, Affair, Allegiance, Area, Art, Buffoonery, Burden, Calling, Career, Cartel |
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A business process is a recipe for achieving a commercial result. Each business process has inputs, method and outputs. The inputs are a pre-requisite that must be in place before the method can be put into practice. When the method is applied to the inputs then certain outputs will be created.
A business process is a collection of related structural activities that produce a specific outcome for a particular customer.
A business process can be part of a larger, encompassing process and can include other business processes that have to be included in its method.
The business process can be thought of as a cookbook for running a business; "Answer the phone", "place an order", "produce and invoice" might all be examples of a Business Process.
See also
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Example Usage of Business |
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kmasiapacific: RT @Metaphorage: #KMAsia09 Rita Nangia defined knowledge as "actionableinformation". It is to be mainstreamed with Business processes. |
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Lyrix909: Twitter what's the Business!!?? Hit me up with a proposal lets talk.... |
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wealth_builder7: Here's The Missing Link That'll Kick Your Online Business Into Overdrive" |
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