Business identifier code and Process strategy: Difference between pages

Revision as of 21:37, 25 September 2020

A process strategy is a long-term plan for successful delivery of defined business goals such as sustainable competitive advantage.

Development of process strategies include:

Definition of objectives.
Definition of inputs.
Assessment of resources available.
Description of outputs.
Specification of high-level scenarios explaining how to use resources to transform inputs into outputs.
Specification of requirements that direct and control the use of resources.

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-(BIC).
+A process strategy is a long-term plan  for successful delivery of defined business goals such as sustainable competitive advantage.
+Development of process strategies include:
-Business identifier code, also known as the BIC, was originally called the bank identifier code.
+*Definition of objectives.
+*Definition of inputs.
+*Assessment of resources available.
+*Description of outputs.
+*Specification of high-level scenarios explaining how to use resources to transform inputs into outputs.
+*Specification of requirements that direct and control the use of resources.
-SWIFT (Society for Worldwide Interbank Financial Telecommunications) in its role of ISO registration authority, issues BICs to financial and non-financial institutions connected to the SWIFT network.
-The BIC is used in financial transactions, client and counterparty data bases, compliance documents and many others.
+== See also ==
+* [[Ancillary business]]
+* [[Business model]]
+* [[Strategic analysis]]
+* [[Structural]]
+* [[Structural risk]]
+* [[Value chain analysis]]
+[[Category:The_business_context]]
-==See also==
+[[Category:Corporate_finance]]
-*[[Bank identifier code]]
+[[Category:Investment]]
-*[[Society for Worldwide Interbank Financial Telecommunications]]
+[[Category:Treasury_operations_infrastructure]]
-[[Category:Payment_and_Clearing_Systems]]