A process consists of a set of identifiable flows and value added activities. Three distinct flows define each process: an information flow, a ________ flow, and a financial flow.
A) physical
B) theoretical
C) value-stream
D) supply chain

Question

Quizplus · Accepted Answer

The correct answer is A) physical, because in a process, the three distinct flows are information flow, physical flow (which refers to the movement of goods and materials), and financial flow (which involves the movement of money and financial transactions).

A Process Consists of a Set of Identifiable Flows and Value