Understand all categories of business process through examples:

Sr. No.

Nature of business decision

Description of decision

1.

Vision and Mission

A dairy product company leading in Asian market decides to increase its turnover by double in next ten years.

2.

Management Process

To achieve turnover mentioned above the management needs to list down all activities to be done which may include:
Enter into new markets (Market development).
Launch new products (Product development).
Acquire existing dairies in markets where company had no presence (Acquisition).

3.

Support Process

Support processes like Human resource management performs various activities including;
Defining and creating a new management structure
Performing all human resource activities.

4.

Operational Process

Operational managers here are responsible to do actual ground work and ensure proper implementation of decisions taken above.