COMPUTER APPLICATIONS
ENTERPRISE RESOURCE PLANNING ERP SOFTWARE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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produce improvements in the efficiency and effectiveness of business processes
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improve the performance of an individual or a single step in a business process
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the priority is to break the various steps in the process, efficiency and effectiveness is another matter
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generate high profits in various ways even though they violate legal aspects and legal aspects
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Detailed explanation-1: -BPM enables organizations to align business functions with customer needs, and helps executives determine how to deploy, monitor and measure company resources. When properly executed, BPM has the ability to enhance efficiency and productivity, reduce costs, and minimize errors and risk – thereby optimizing results.
Detailed explanation-2: -The BPM lifecycle consists of five stages including design, model, execute, monitor, and optimize. It lies at the heart of the business process management discipline and provides us with a strategy for systematically and continually improving company processes.
Detailed explanation-3: -BPM uses various methods to improve a business process by analyzing it, modeling how it works in different scenarios, implementing changes, monitoring the new process and continuously improving its ability to drive desired business outcomes and results.