Exam 1: Business Functions and Business Processes

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The business function of government compliance falls under the Supply Chain Management functional area of operation.

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Historically,businesses have had organizational structures that separated the functional areas,but business schools have not been organized like that.

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Analyses that attempt to predict the future sales of a product are called:

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Which of the following is a functional area of operation?

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To avoid stockouts,manufacturers might carry extra raw materials.This excess is known as safety stock.

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____________________ programs are core software used by companies to coordinate information in every area of the business.

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One example of the business function that happens in the human resource area of operation would be ____________________.

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Which of the following is an input to HR?

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What are the computers,people,procedures,and software that store,organize,and deliver information in an organization?

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Describe the difference between functional areas of operation and business processes.Give an example of a business process.

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Sales forecasts are historical records of sales.

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Choose an example company and give situations for each business process in the following figure.Depending on your major or interest,choose one functional area of operation. Choose an example company and give situations for each business process in the following figure.Depending on your major or interest,choose one functional area of operation.

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When manufacturing runs out of raw material,it's known as a(n)

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A collection of activities that takes one or more kinds of input and creates an output that is of value to the customer is called a ____________________.

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When manufacturing runs out of raw materials,it's known as a stockout.

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What are integrated information systems?

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Information systems that can be designed so that functional areas of operation share data are called:

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