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A business process, business method, or business function is a collection of related, structured activities or tasks performed by people or equipment in which a specific sequence produces a service or product (that serves a particular business goal) for a particular customer or customers.
Example of a Business Process Model and Notation for a process with a normal flow. Business Process Model and Notation (BPMN) is a graphical representation for specifying business processes in a business process model.
Turning of a workpiece of wood.. A workpiece is a piece, often made of a single material, that is being processed into another desired shape [1] (such as building blocks).. The workpiece is usually a piece of relatively rigid material such as wood, [2] metal, plastic, or stone.
Sulfur at harbor in North Vancouver, British Columbia, ready to be loaded onto a ship Latex being collected from a tapped rubber tree. A raw material, also known as a feedstock, unprocessed material, or primary commodity, is a basic material that is used to produce goods, finished goods, energy, or intermediate materials that are feedstock for future finished products.
A business idea is a concept envisioned by individuals or teams that can be monetized through the delivery of products or services. Serving as the foundation for entrepreneurial ventures, a robust business idea is essential for the development and success of new enterprises.