Which of the following statements is true of business processes?
A) Process effectiveness is determined by the ratio of benefits to costs.
B) An effective business process enables an organization to accomplish its strategy.
C) If two versions of a business process create the same benefit, then the higher cost one is more efficient.
D) Cost of infrastructure is not included under cost of business process.

Question

Quizplus · Accepted Answer

An effective business process is one that enables an organization to accomplish its strategy. The effectiveness of a business process is not solely determined by the ratio of benefits to costs, as there may be other factors to consider. Additionally, if two versions of a business process create the same benefit, the lower cost one is generally considered to be more efficient, not the higher cost one. Finally, the cost of infrastructure is typically included under the cost of a business process, as it is a necessary component for the process to function.

Which of the Following Statements Is True of Business Processes