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- A business process is a collection of related, structured activities or tasks performed by people or equipment, resulting in a service or product for a specific customer or business goal1. Business process management (BPM) involves modeling, automation, execution, control, measurement, and optimization of business activity flows to support enterprise goals2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.A business process, business method, or business function is a collection of related, structured activities or tasks performed by people or equipment in which a specific sequence produces a service or product (that serves a particular business goal) for a particular customer or customers.en.wikipedia.org/wiki/Business_processBusiness process management (BPM) is a discipline involving any combination of modeling, automation, execution, control, measurement and optimization of business activity flows, in support of enterprise goals, spanning systems, employees, customers and partners within and beyond the enterprise boundaries.en.wikipedia.org/wiki/Business_process_managem…
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Business process - Wikipedia
A business process, business method, or business function is a collection of related, structured activities or tasks performed by people or equipment in which a specific sequence produces a service or product (that serves a particular business goal) for a particular customer or … See more
A business process begins with a mission objective (an external event) and ends with achievement of the business objective of providing a result … See more
Adam Smith
An important early (1776) description of processes was that of economist Adam Smith in his famous example of a pin factory. Inspired by an article in Diderot's Encyclopédie, Smith described the production of a pin … See moreThe above improvement areas are equally applicable to policies, processes, detailed procedures (sub-processes/tasks) and work instructions. … See more
Business processes must include up-to-date and accurate reports to ensure effective action. An example of this is the availability of purchase order status reports for supplier … See more
1776Adam Smith describes the production of a pin and the benefits of labor division in his book The Wealth of Nations.1960sOperating systems have limited functionality and workflow management systems are tailor-made for specific organizations.1970s-1980sData-driven approaches emerge as data storage and retrieval technologies improve. Data modeling becomes the starting point for building information systems.1990sProcess-oriented management becomes popular as organizations seek to improve their effectiveness and productivity. Business process re-engineering, enterprise resource planning, and business process management systems are introduced.Business processes comprise a set of sequential sub-processes or tasks with alternative paths, depending on certain conditions as applicable, performed to achieve a given … See more
Span of control
The span of control is the number of subordinates a supervisor manages within a structural See moreWikipedia text under CC-BY-SA license Business process management - Wikipedia
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WEBBusiness process management (BPM) is a structured approach to improving the processes organizations use to get work done, serve their customers and generate business value. A business process is …
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WEBApr 10, 2021 · A business process is a series of related tasks that are completed in a stated sequence to accomplish a business goal. This set of ordered tasks can be simple or complicated. However, the steps …
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