How are business processes, IS, and applications developed?Using your own words, explain the differences among business processes, information systems, and applications. State the components of each. Describe the relationship of business processes and IS. Name three develop-ment processes and state which processes are used for the develop-ment of business processes, information systems, and applications. Explain the primary roles of business and systems analysts.

How do organizations use business process management (BPM)? State the definition of business process and define roles, resources, and data flows. Explain three reasons why business processes need to be managed. Describe the need for BPM and explain why it is a cycle. Name the four stages of the BPM process and summarize the activities in each. Define as-is model. Explain the role of COBIT