What Are the Four Processes That Define a Closed-Loop BPM

question 52

Essay

What are the four processes that define a closed-loop BPM cycle?

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Definitions:

Collective Agreement

A written contract negotiated between an employer and a union representing employees, outlining terms of employment, wages, and workplace policies.

Third-Party Mediation

Third-party mediation is a conflict resolution process where an impartial person helps disputing parties to come to an agreement or solution.

Collective Agreement

A legally binding agreement resulting from negotiations between an employer and a labor union representing the employees.

Individualized Contracts

Contracts that are specifically tailored to the unique needs and circumstances of the parties involved, often requiring extensive negotiation.