Business processes essay

Business processes are the ways in which organizations coordinate and organize work activities, information, and knowledge to produce their valuable products or services. How well a business performs depends on how well its business processes are designed and coordinated.

A business process increases efficiency by laying out steps and possible ways to do a task. High risk and increased expenditure: companies which do not have an adequate business process they often failed to see the future risks and they are also incompetent to find a cost-effective way to do a task.

Business process used not only in the manufacturing to improve effectiveness and efficiency of the production process, but as well in servicing processes in the organization such as human resource management, marketing, administration, sales, decision making where the recipient of this services can be inside or outside the business.

The success of a business is the ultimate goal for any entrepreneur although one wrong step can become an enormous problem and it may cost a fortune to rectify that single mistake. A business process is about those right steps which play a vital role in delivering an offering to the customers.