Exam 1: Business Functions and Business Processes

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

Today's managers are beginning to think in terms of business process.A business process cuts across which functional areas of operation?

Information systems that are designed so functional areas share data are called integrated information systems.

An ____________________ includes the computers,people,procedures,and software that store,organize,and deliver information.

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

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

To avoid stockouts,manufacturers might carry extra raw materials known as ____________________.

Which of the following is an input to HR?

Information systems designed so that functional areas share data are called ____________________.

Accounts receivable are recorded by the Human Resources department (HR).

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

One of the four functional areas of operation is Human Resources (HR).

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

The business process of Cash Flow Management is handled under the Accounting and Finance functional area of operation.

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 ____________________.

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

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.