What are some examples of these core processes in action?

Core processes are fundamental activities within a business that drive its operations and contribute to its overall success. Examples of these core processes include customer relationship management, product development, supply chain management, and financial management. For instance, a company's customer relationship management process may involve interacting with customers to address their needs and concerns, while its product development process may focus on designing and creating new products or services to meet market demand. Supply chain management involves overseeing the flow of goods and services from suppliers to customers, and financial management entails managing the company's financial resources to ensure profitability and sustainability. These core processes are essential to the functioning of a business and play a key role in achieving its strategic objectives.

This mind map was published on 14 March 2024 and has been viewed 46 times.