Inmt 341 test 1 - Study guides, Class notes & Summaries

INMT 341 Test 1 Questions and Answers Internal Agent - Answer-Agents acting within the company; employees; salespeople, cashiers, receiving dock workers, purchasing agents, etc. External Agents - Answer-An outside person, unit, system, or an organization that interacts with the system ie. customers, vendors, banks Order to Cash Business Events - Answer-1. Market goods/services 2. Negotiate sales order 3. Select & Inspect goods 4. Prepare goods for delivery 5. Deliver goods/services ...

INMT 341 test 1 with correct answers

Information management collection and management of information, gathered from a variety of sources, and the distribution of that information to one or more stakeholders Information management requires... managing and controlling the structure, processing, delivery, and security of information Business Process a collection of related activities performed by a group of stakeholders to achieve a concrete goal. They combine resources and inputs to create an output that is of value to the organiza...

Advance Shipping Notice (ASN) a notification of a pending delivery based on a purchase order or contract from the purchaser and is similar to receiving a packing slip in advance of the receipt of the actual shipment "Blind Copy" Purchase Order a version of the purchase order sent to the receiving department of an organization that does NOT include the quantities of the goods ordered Bar Coded Products speed up the counting process and improve accuracy Blanket Purchase Order purchase order u...