Business Process

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Business Process

The series of activities undertaken to create a product or deliver a service. Companies often lay down specific rules for business process to ensure activities are completed in an organized and efficient manner. Business process may involve division of labor between multiple persons and/or technologies. For example, in a publishing company, one person may write material, a second may edit it, a third may add graphics, and a fourth may print it. Business process is also called business function.
References in periodicals archive ?
Indians, for instance, are comfortable with the English language and are exposed to western thinking and methods of doing business. "We mix easily.
eCommerce has seen a resurgence over the last two years as the global downturn has made retailers and businesses turn to more cost-effective methods of doing business. The advent of cheaper mobile access as well as upgraded smartphone devices have enabled consumers to buy online while on the move.
The methods of doing business regarding international trade are different from country-to-country.
About decision-making, he says, "Business intelligence allows the lender to focus his/her view all the way to a single metric--whether that is profit per loan, gross revenue, closed loans per full-time employee, etc.--so you [the lender] can really accentuate and maximize your own special methods of doing business; "
settled rule against patenting methods of doing business, the
We've seen new methods of doing business. You can purchase prepaid minutes of speech/telecom service in addition to the more traditional long-term contracts.
On the surface, the thought of "standardization" with Lean Six Sigma and the use of open or disruptive innovation to inject new and different methods of doing business seem contrary and almost mutually exclusive.
There's no secret to the success of Theodore, who sticks to old methods of doing business rather than integrating social media into his arsenal like so many others in the industry.
At a retailer where change has become the norm, she has given change a new definition, bringing new thinking, a new dimension and new methods of doing business to Walgreens --methods neither the drug chain nor its customers could have imagined just a year ago.
In some cases, such as when there is a significant decrease in the customer base, the company may have to change its methods of doing business, partner with other companies or consider mergers and acquisitions.
"That said, the methods of doing business in China are now much more 'Westernised' than ever before and the rules governing the registration of intellectual property rights or patents, for example, are now very straightforward."
Nevertheless, the lesson for all employees is that each generation has preferred methods of doing business, and each method has its benefits.

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