A business process is a collection of linked tasks which find their end in the delivery of a service or product to a client. The process must involve clearly defined inputs and a single output. These inputs are made up of all of the factors which contribute (either directly or indirectly) to the added value of a service or product. These factors can be categorized into management processes, operational processes and supporting processes.
Management processes govern the operation of a particular organization;s system of operation. Operational processes constitute the core business. Supporting processes such as human resources and accounting are put in place to support the core processes.
The definition of the term business process and the development of this definition since its conception by Adam Smith in 1776 has lead to such areas of study as Operations Development, Operations Management and to the development of various Business Management Systems.
Management processes govern the operation of a particular organization;s system of operation. Operational processes constitute the core business. Supporting processes such as human resources and accounting are put in place to support the core processes.
The definition of the term business process and the development of this definition since its conception by Adam Smith in 1776 has lead to such areas of study as Operations Development, Operations Management and to the development of various Business Management Systems.