What Is the Difference Between Customer-Facing Processes and Business-Facing Processes

question 138

Multiple Choice

What is the difference between customer-facing processes and business-facing processes?

• A)Business-facing processes are front-office processes, and customer-facing processes are back-office processes.
• B)Customer-facing processes are front-office processes, and business-facing processes are back-office processes.
• C)Customer-facing processes are back-office processes, and industry-specific customer-facing processes are back-office processes.
• D)Customer-facing processes are back-office processes, and industry-specific customer-facing processes are front-office processes.

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Definitions:

Taxes

Compulsory financial charges or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.

Fiscal Policy

A government's use of spending and taxation to influence the economy.

Money Supply

The total amount of monetary assets available in an economy at any specific time, including cash, coins, and balances held in checking and savings accounts.

National Debt

describes the total amount of money that a country's government has borrowed and not yet repaid.