(Solved Homework): 1.   What are core business processes?  

1.   What are core business processes?

2.   Compare and contrast the core and support activities of a value chain.

3.   Give an example of upstream and down-stream information flows in a value system.

Expert Answer

1) Core Business processes are the processes which involves using raw materials to making some good products. Any organization must have a set of core business processes to function properly. Set of core business processes can vary from organization to organization. Small organizations will have a small set of Core Business Processes.

Few Core Business Processes that small organizations will have are

1. Sales and Marketing

2. Accounting and Technology

3. Quality and Product or Service Delivery

4. Management, HR and Finance

5. Product Development.

All organizations need a Sales and Marketing function. Once the company is in good finance state, then accounting process will be required. Next is Product or Service delivery process.

Let us list down Ten Core Business Processes applicable for many organizations:

1. Customer Strategy & Relationships

2. Employee Development & Satisfaction

3. Quality, Process Improvement & Change Management

4. Financial Analysis, Reporting, & Capital Management

5. Management Responsibility

6. Customer Acquisition

7. Product Development

8. Product/Service Delivery

9. Accounting Management

10. Technology Management

The defined tasks while developing Core Business Processes must be implemented.

Core Processes will have two units: Business Drivers and Business Operations.

Business Drivers drive Business Operations. The listed core processes, first 4 processes will come under Business Drivers and remaining 6 processes are Business Operations. It is Management Responsibility to make them to function properly.

2) Core activities can be listed as:

1. Inbound Logistics: Activities of receiving and storing inputs from suppliers.

2. Operations: Activities to transfer data from inputs to outputs.

3. Outbound Logistics: Activities involving to store and distribute outputs.

4. Marketing and Sales: Informing customers about products and services.

5. Services: Activities involving making sure products and services deliver to customers.

Support Activities are:

1. Procurement: Obtaining inputs, resources etc.

2. Human Resource Management: Activities involved in hiring and training employees.

3. Technological Development: Activities involved in training employees to improve technical skills.

4. Infrastructure: Environment of the company.

3) Information received from customers based on their interests is an example for upstream information. Information passed to organizations from suppliers is an example for downstream information.

iWriteHomework
Order NOW for a 10% Discount
Pages (550 words)
Approximate price: -

Why Us?

Top Quality and Well-Researched Papers

All ourbpapers are written from scratch. In fact, Clients who ask for paraphrasing services are highly discouraged. We have writers ready to craft any paper from scratch and deliver quality ahead of time.

Professional and Experienced Academic Writers

Our writers keeps you posted on your papers progress - providing you with paper outline/draft. You are also at liberty to communicate directly with your writer.

Free Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.

Prompt Delivery and 100% Money-Back-Guarantee

All papers are always delivered on time, in many cases quite ahead of time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.

24/7 Customer Support

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.

Essays

Essay Writing Service

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.

Admissions

Admission Essays & Business Writing Help

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.

Reviews

Editing Support

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.

Reviews

Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.

× Contact Live Agents