BUSINESS MANAGEMENT Lecture Notes - Lecture 1: Business Process, Workforce Productivity, Business Process Automation

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ellainequibol212

20 Feb 2022

School

Cavite State University

Department

Business

Course

BUSINESS MANAGEMENT

Professor

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Document Summary

Businesses use business process management for a variety of reasons. The main draw, however, is the desire to be more competitive in today"s economy. The vast majority of business leaders are under pressure to remain competitive by improving products, increasing productivity, lowering overall costs, and driving business processes. Among the challenges, both smes and large corporations are anticipating the benefits that bpm can provide. Business process management assists organizations in preparing for global competition by assisting leaders and organizations in improving performance through a variety of components such as: b. : analysis, proper design, careful observation and control, and changes to business processes. All of these are bpm products that provide the following five advantages to businesses: To keep up with changing market conditions, there has always been a need to change organizational best practices. Efficient bpm enables business owners to pause business processes, make changes, and restart them.

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BUSINESS MANAGEMENT Lecture Notes - Lecture 1: Business Process, Workforce Productivity, Business Process Automation

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