Which of the following is recognized as a reference model for business processes?

The Supply Chain Operations Reference (SCOR) model is recognized as a reference model for business processes because it provides a framework to evaluate, understand, and improve supply chain performance. The SCOR model offers a standardized approach that encompasses all aspects of supply chain management, including planning, sourcing, making, delivering, and returning. It serves as a reference for organizations to identify best practices, benchmark their performance, and streamline their business processes, making it a crucial tool for aligning business strategies with operational execution.

In contrast, while Business Process Model and Notation (BPMN) is a valuable tool for modeling business processes, it is primarily a graphical representation and not a reference model itself. Lean Six Sigma Framework focuses on process improvement and reducing waste but does not serve as a comprehensive reference model for all business processes. Value Stream Mapping is a technique used to visualize and analyze the flow of materials and information, which is beneficial for efficiency but lacks the holistic framework presented by the SCOR model. Therefore, the SCOR model stands out as the appropriate reference model for business processes.