Exam 21: Identifying Competitive Advantages

Review the below list of key terms and determine which one typically occurs during managerial business process improvement.

A Business Process Model and Notation (BPMN) activity is a task in a business process.

What displays the path in which the process flows?

What is represented by arrows in a business process model?

What are semidynamic, semiroutine, monthly business processes such as resource allocation, sales strategy, or manufacturing process improvements?

Review the below list of key terms and determine which one typically occurs during operational business process improvement

What are managerial business processes?

Strategic business processes are dynamic, nonroutine, long-term business processes such as financial planning, expansion strategies, and stakeholder interactions.

What is the use of software with artificial intelligence (AI) and machine learning capabilities to handle high-volume, repeatable tasks that previously required a human to perform?

A Business Process Model and Notation (BPMN) event is anything that happens during the course of a business process. An event is represented by a circle in a business process model.

What is a task in a business process?

What is the process of computerizing manual tasks, making them more efficient and effective and dramatically lowering operational costs?

What includes the tasks, activities, and responsibilities required to execute each step in a business process?

Which of the below examples indicates when the time is right to initiate a business process change?

What is the analysis and redesign of workflow within and between enterprises?

Which of the below processes attempt to understand and measure the current process and make improvements?

Business process modeling, or mapping, is the activity of creating a detailed flowchart or process map of a work process that shows its inputs, tasks, and activities in a(n) ________ sequence.

What is represented by a rounded-corner rectangle in a business process model?

What makes analytics part of a business process?

A Business Process Model and Notation (BPMN) gateway displays the path in which the process flows.