Question

What do you understand by Business Process? What are the key elements of business process? 

20 Mar 2023
Answer :
Word Count : 515

Business processes are the activities and steps that a company or organization takes to accomplish its goals and objectives. These processes can be formalized or informal and involve a combination of people, systems, and technology. They may be repetitive, ongoing, or one-time activities that are necessary to achieve a particular outcome.

The key elements of a business process are as follows:

  1. Inputs: The inputs to a business process are the resources that are required to complete the process. This may include materials, information, _______ ______ ______ ____ _________ ___ ____.
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