Exam 2: Decisions and Processes: Value Driven Business
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Exam 2: Decisions and Processes: Value Driven Business383 Questions
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CSF's and KPI's are the two core metrics used within a business to track progress or success. What is the relationship between CSFs and KPIs?
(Multiple Choice)
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Which of the below represents an internal KPI that indicates the earning power of a project?
(Multiple Choice)
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What is a type of graph in which a circle is divided into sectors that each represent a proportion of the whole?
(Multiple Choice)
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Which of the below offers a disadvantage for working virtually?
(Multiple Choice)
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What is a representation of information in a graphic format designed to make the data easily understandable at a glance?
(Multiple Choice)
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Which of the below business processes would you find in the marketing and sales division?
(Multiple Choice)
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Google glass is a work environment that is not located in any one physical space.
(True/False)
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The accounting and finance department performs processes such as creating financial statements, paying accounts payables, and collecting accounts receivables. What form of processes do these represent?
(Multiple Choice)
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What includes the tasks, activities, and responsibilities required to execute each step in a business process?
(Multiple Choice)
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Jessica Ulta works as an employee for City Service Credit Union and is responsible for consulting on loans, talking clients through the loan process, and providing loans to members. What type of processes does Jessica primarily work with?
(Multiple Choice)
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Demonstrate the value of business process modeling, and compare As-Is and To-Be models.
(Essay)
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CSF's and KPI's are two core metrics used to evaluate results and measure the progress of a project for a business. Which of the below represents the acronyms for CSF and KPI?
(Multiple Choice)
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A Business Process Model and Notation (BPMN)flow is anything that happens during the course of a business process. An event is represented by a circle in a business process model.
(True/False)
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When evaluating the six-step decision making process, what occurs during the solution selection step?
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The proportion of the market that a firm captures is called market share.
(True/False)
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