Final answer:
The false statement about Business Process Management (BPM) is that it is only applicable to large organizations. BPM can be applied to any organization regardless of size and aims to optimize business processes for better efficiency and effectiveness.
Step-by-step explanation:
Business Process Management (BPM) is a strategic approach to identifying, designing, executing, documenting, measuring, monitoring, and controlling automated and non-automated business processes to achieve consistent, targeted results aligned with an organization's strategic goals. BPM involves analyzing, modeling, and optimizing business processes to enhance the efficiency and effectiveness of these processes. It can be applied to both ongoing operational processes and project-oriented activities.
The false statement in the question is: BPM is only applicable to large organizations. This statement is incorrect because BPM principles and practices can be implemented in organizations of any size; benefits such as improving efficiency, effectiveness, and adaptability of business processes can be realized by small, medium, and large enterprises alike.