Which of the following is a characteristic of a transactional business process?

A transactional business process is defined by its structured nature, which includes having a clear and fixed start and end point. This characteristic allows for consistency and predictability in how the processes are executed. A transactional process typically involves a series of well-defined tasks that are executed in a specific sequence, leading to a completed transaction.

This characteristic is crucial for automation, as it enables robots to perform repetitive tasks efficiently without ambiguity. In such processes, the steps involved are often standardized, making it easier to monitor performance and ensure compliance with business rules.

The other characteristics mentioned are less applicable to transactional processes: generating reports based on interactions indicates a focus on analysis rather than execution, many iterations suggest a more dynamic process, and reliance on subjective decision-making points to areas where human judgment is vital, which is contrary to the structured nature of transactional processes.