Buad 342 - Study guides, Class notes & Summaries

Why do organizations perform business processes? correct answersto reach strategic business goals How is a business event related to a business process? correct answersBy analyzing business events, we can more easily identify the data needs of a business process. Name and describe the three core interdependent business processes that are common to all organizations. correct answersProcure to Pay (selling) Order to Cash (buying)

BUAD 342 Exam 1 with Complete Solutions selling "things" event Order to cash process Order to cash process 1. market (market goods or services) 2. negotiate (negotiate terms of a sales order) 3. select and inspect 4. prepare (prepare goods/services for delivery) 5. deliver (deliver goods/services to customer) 6. receive payment 7. negotiate (negotiate terms/accept return) Buying "things" event procure to pay process Procure to Pay process 1. identify (identify a need) 2...

BUAD 342 Exam Latest Update 100% Correct Conversion make new things or customize things for re-sale. Steps include assembly, growing, excavating, harvesting, manufacturing, delivery Source Data Automation collecting data in a digital way. examples include MICR on checks, bar code scanner, credit card strips and chips, radio frequency, touch screen, eye and voice recognition EDI Electronic Data Interchange. 2 businesses sharing data Batch processing Accumulating transaction reco...

BUAD 342 Exam 1 with Certified Solutions For-profit organizations organizations strive to generate a profit (revenue in excess of expenses). These profits can be reinvested into the company or distributed to owners and/or shareholders. take several legal forms such as unincorporated (sole proprietorships or partnerships), corporations (C Corporations and S Corporations) and limited liability companies (LLC). Not for Profit organizations organizations strive to provide particular s...

BUAD 342 Questions and Answers Already Passed In the Procure to Pay business process, the company is playing the role of the ________________? A) Vendor B) Supplier C) Customer D) Manufacturer E) Both A and B C) Customer Which of these is not an information processing step as learned in this class? A) Record Data B) Report Information C) Maintain Data D) Analyze Data E) None of these are information processing steps. D) Analyze Data Which of the following source document d...

BUAD 342 Exam 1 Questions and Answers 100% Pass Why do organizations perform business processes? to reach strategic business goals How is a business event related to a business process? By analyzing business events, we can more easily identify the data needs of a business process. Name and describe the three core interdependent business processes that are common to all organizations. Procure to Pay (selling) Order to Cash (buying) Conversion (making) Name and describe the four...

BUAD 342 Test 1 Questions and Answers Already Passed Which of the following is not a typical event in the Procure to Pay business Process? Deliver goods/services to customer In regard to Big Data, differences in the types/sources of data (structured, unstructured or semi- structured) are referred to as: Variety ______ combine both data and methods (i.e. instructions for processing the data) into a single processing element Objects Which of the following scenarios would most likel...

BUAD 342 Final Exam with Complete Solutions Visualization definition Help people understand the significance of data by placing it in a visual context Do ".csv" files contain formulas and formatting? No Disruptive Technology examples 3D, Uber, Netflix, Amazon Prime Botnet definition Network of computers infected with malware that can be controlled by a hacker known as a "bot master" Types of Tableau workbook sheets (3 types) Worksheet, story, dashboard Cloud computing ...

BUAD 342 Exam 1 Questions and Answers 100% Pass Which of the following is not a typical event in the Procure to Pay business process? A) Deliver Goods/Services to Customer B) Store and Maintain Goods C) All of these are typical events in the Procure to Pay process. D) Identify a need E) Receive and Inspect Goods/Services from a Vendor A) Deliver Goods/Services to Customer In regard to Big Data, differences in the types/sources of data (structured, unstructured or semi- structured...

BUAD 342 Exam 1 Questions and Answers Already Passed What source document is used to summarize/document each receipt of goods? A. Both Packing Slip and Receiving Report B. Packing Slip C. Receiving Report D. Picking Slip E. Bill of Lading C. True or False? In database, each record is made up of a collection of columns called fields. True For some companies, traditional operational databases are not enough. Which of the following explains why? A. You need specially trained profe...