A business process or business method is a collection of related, structured activities or tasks that produce a specific service or product (serve a particular goal) for a particular customer or customers. It often can be visualized with a flowchart as a sequence of activities with interleaving decision points or with a Process Matrix as a sequence of activities with relevance rules based on the data in the process.
Read more about Business Process: Overview, Importance of The Process Chain, Policies, Processes and Procedures, Manual / Administrative Vs. Computer System-Based Internal Controls, Information Reports As An Essential Base For Executing Business Processes, Supporting Theories and Concepts
Famous quotes containing the words business and/or process:
“Our business is to have great credit and to use it little.”
—Thomas Jefferson (17431826)
“Healthy parenting is nothing if not a process of empowerment. As we help to raise our childrens self-esteem, we also increase their personal power. When we encourage them to be confident, self-reliant, self-directed, and responsible individuals, we are giving them power.”
—Louise Hart (20th century)