BPMN Is a Standard Set of Terms and Graphical Notations

question 87

True/False

BPMN is a standard set of terms and graphical notations for documenting business processes.

---

Definitions:

Diseconomies of Scale

The phenomenon where companies experience an increase in average costs per unit when production is scaled up beyond a certain point.

Specialized Activities

Tasks or operations that require specific expertise or skills, often focused on a particular aspect of a business or industry.

Economies of Scale

The cost advantage that arises with increased output of a product, resulting from efficiencies in production processes.

Total Cost

The complete sum of all expenses incurred in the production and delivery of a product or service, including fixed and variable costs.