business process

(redirected from Method of doing business)
Also found in: Financial.

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.

A business information system process typically means updating a database from a transaction such as an order or application form (transaction vs. master). See transaction, business process modeling, business processing and information system.
References in periodicals archive ?
Trade agencies are a popular method of doing business in the country, created when a UAE entity, typically a family-owned business, entered into an agreement with international agents or distributors.
We had to bring in changes with regard to system, processes, customization, training of people, and method of doing business, which of course has its challenges" added Todi.
I am pleased that our level of acquisition activity has picked up in the past five years, during which time we have added more than 80 branches to our portfolio and we are constantly on the lookout for opportunities that will further bolster our reach and network." He said emerging technologies are driving change in the financial services industry and the company is constantly innovating its method of doing business. "Our digital app is in its advanced stage of development and it will encapsulate all services that are available in our brick and mortar branches.
Between 1811 and 1816, self-employed textile workers refused to accept the positive aspects of technology and resisted adapting to a new method of doing business. These self-described "Luddites" (after prototypical example Ned Ludd) became victims of technological progress, despite all government attempts to intervene.
Nobody benefits from the confusion inherent in the current method of doing business. The Chairperson of the Commission and the Chairperson of the African Union should take the lead.
This method of doing business saves the customer time, payroll and storage costs and provides an ease that the company's customers love.
The distribution of awards encourages entrepreneurs to improve their systems and method of doing business with effective corporate governance.
Additionally, it will allow for direct contact with surgeons and key opinion leaders throughout the country where direct relationships are a preferred method of doing business. Together, we'll be an even stronger company with an established presence in Brazil and resources to drive growth."
This method of doing business can also put stress on the relationship between the credit and sales departments within the same business.
As a method of doing business, it was pretty much Newcastle's dream transfer, and they have been trying to replicate it ever since.
We are pleased to make the ISO standards part of the Mayhew method of doing business as a workspace solutions provider.”
As a tuition-dependent institution actively focusing on keeping tuition within reach for all students, we have found that integrating our back-office operations such as our enrollment, marketing, and other key operational functions has allowed for a more seamless, automated, and integrated method of doing business. This model creates greater scalability of present administrative, budgetary, and technological resources so that we can afford to focus on maintaining tuition costs while still improving academic quality.