Explain the configuration process of the managed bean in JSF.

The configuration of the managed bean into XML file is an older approach. Firstly, an XML file is created and then JSF provides a tag to configure the manage bean. The managed bean can also be configured with the help of annotations. In this, it automatically registers that class as a resource with JSF. Here, managed bean configuration entries are not required in the application configuration resource file. This method can be considered as an alternative to the application configuration resource file approach.