A _____ Graphically Displays One or More Business Processes,such as Handling

question 52

Multiple Choice

A _____ graphically displays one or more business processes,such as handling an airline reservation,filling a product order,or updating a customer account.

• A) business matrix model (BMM)
• B) business process model (BPM)
• C) business indexing model (BIM)
• D) business strategic model (BSM)

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Definitions:

Target Customers

A specific group of consumers at whom a company aims its products and services, identified by characteristics like age, gender, income, and interests.

Demographics

The statistical characteristics of human populations, such as age, gender, income, and education, used especially to identify consumer markets.

Tapestry Analysis

A method of consumer segmentation that uses demographic and geographic data to identify, understand, and target specific consumer groups based on their behaviors, preferences, and needs.

Upper-Income

Refers to individuals or households that earn more than the average income level, often associated with higher purchasing power and consumption patterns.