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Modeling of Business Processes and Crisis Management

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  • First Online:
Encyclopedia of Social Network Analysis and Mining

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Synonyms

Mathematical modeling; Simulation modeling

Glossary

Business Model :

A description of the mechanisms by which an organization creates and captures economic value

Business Process :

A collection of activities or tasks that allow an organization to transform inputs into outputs (e.g., products or services)

Mathematical and Simulation Modeling :

The process of describing essential characteristics of a system using mathematical concepts and language

Operations Research :

A discipline concerned with the application of advanced mathematical methods to improve decision-making

System Dynamics :

A discipline concerned with understanding the behavior of complex systems and developing policies that can improve it

Definition

Modeling a business or a managerial process refers to the practice of developing a graphical, mathematical, or simulation model of the key processes in an organization. The main purpose of developing a business model can range from mapping the existing processes to...

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Author information

Authors and Affiliations

  1. Faculty of Economics, Institute of Management, Università della Svizzera Italiana (USI), Lugano, Switzerland

    Paulo Gonçalves

Authors
  1. Paulo Gonçalves
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Editor information

Editors and Affiliations

  1. Department of Computer Science, University of Calgary, Calgary, AB, Canada

    Reda Alhajj

  2. Department of Computer Science, University of Calgary, Calgary, AB, Canada

    Jon Rokne

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Gonçalves, P. (2014). Modeling of Business Processes and Crisis Management. In: Alhajj, R., Rokne, J. (eds) Encyclopedia of Social Network Analysis and Mining. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-6170-8_275

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