Field in operations management that focuses on improving corporate performance by managing and optimizing a companys business processes (KLO 1.3, unit 28)

IDENTIFYING HARDWARE SOFTWARE NETWORK PROBLEMS

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Field in operations management that focuses on improving corporate performance by managing and optimizing a company’s business processes (KLO 1.3, unit 28)

A	Business Process Management
B	Business Process Management Technology
C	Business Process Optimization
D	Business Process tools

Explanation:

Detailed explanation-1: -Business Process Management (BPM) is a top-down management approach that focuses on optimizing business operations to increase efficiency and achieve business goals.

Detailed explanation-2: -It helps to reduce the business’s operational costs by decreasing waste and rework, and by increasing the overall efficiency of the team. Organizations engaged in BPM can choose to follow one of the various BPM methodologies, which include Six Sigma and Lean.

Detailed explanation-3: -What is Process Optimization? Process optimization is the discipline of adjusting a process to optimize a specified set of parameters without violating a few constraints. The most common goals are minimizing cost and maximizing throughput and/or efficiency.

Detailed explanation-4: -Business process management (BPM) is the practice of modeling, analyzing, and optimizing end-to-end business processes to help meet your strategic business goals, such as the improvement of your customer experience framework.

There is 1 question to complete.

FUNDAMENTALS OF COMPUTER

TROUBLESHOOTING COMPUTER ISSUES

IDENTIFYING HARDWARE SOFTWARE NETWORK PROBLEMS