The statement is true. A business process is an action or series of actions that fulfil a certain organizational objective. A business process is a set of actions taken by a number of the stakeholders to accomplish a specific objective. At each step of a business process, a participant is given a task.
It serves as the essential building block for a number of related concepts, including process automation and business process management. The despite the abundance of information that has been published and spoken about the business process management, it is crucial to comprehend why it is so crucial to your the company.
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