Business processes generate value by turning inputs into output resources.

Name: Business processes generate value by turning inputs into output resources.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Business processes are a series of steps that are followed to achieve a specific goal. They take inputs, such as raw materials or information, and turn them into outputs, such as finished products or services. The value of a business process is determined by the difference between the value of the inputs and the value of the outputs.

Business Processes Generate Value by Turning Inputs into Output Resources