business process
nouncandidate·updated May 9, 2026
A collection of linked activities that takes one or more kinds of input and creates an output that is of value to an FMI’s stakeholders. A business process may comprise several assets, including information, ICT resources, personnel, logistics and organisational structure, which contribute either directly or indirectly to the added value of the service.
Framework senses
- §1
- A collection of linked activities that takes one or more kinds of input and creates an output that is of value to an FMI’s stakeholders. A business process may comprise several assets, including information, ICT resources, personnel, logistics and organisational structure, which contribute either directly or indirectly to the added value of the service.
- §1
- A defined set of business activities that represent the steps or tasks required to achieve a business objective, including the flow and use of information, participants, and human or digital resources.