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business process
(redirected from Method of doing business)

   Also found in: Financial, Wikipedia 0.01 sec.
business process
An action taken in the course of conducting business. Whether manual or automated, all processes require input and generate output. Depending on the level of viewing and modeling, a process can be a single task or a complicated procedure such as building a product.

In a business information system, a business process is the application of a business transaction against a database (transaction vs. master). See business process modeling, business processing and information system.


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It is a method of doing business which leaves all parties happy?
And now with a fragile economy this method of doing business is clearly showing its merits.
Franchising is simply a network of interdependent business relationships that allow a number of people to share a brand, a successful method of doing business, a proven marketing and distribution system, buying power and most importantly to enjoy lower risk and higher profits (and resale values).
 
 
 
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