CLASS 1 40% REVIEW CLASS BUSINESS 2710: Modeling and Implementing Business Process REVIEW CLASS 1 Class 2 Review • What are business processes? – A business is a set of activities that deliver an outcome with some value to a customer (external or internal) – Business processes are built with business rules in mind – A set of goal-oriented activities that are performed in sequence‚ or parallel by organizational actors (not necessarily human beings). The activities use‚ process (change)
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Checkpoint 1: Customer Service Model IT282 Checkpoint 1: Customer Service Model For the user support employee‚ a customer service model begins and ends with communication. Communications not only involves speech or writing‚ but listening or reading well also. Communications is a two-way exercise‚ which involves both parties and their need to reach a satisfactory resolution. The various forms of communications between a user support employee and a customer determines the experience of a customer
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Chapter 2 Developing a Sustainable Supply Chain Strategy Balkan Cetinkaya Learning Goals. By reading this chapter you will: l l l l l Know the basics of competitive strategy and supply chain strategy and understand their interrelations Understand the need for a sustainable supply chain strategy Understand the ingredients of a sustainable supply chain strategy Apply a generic‚ iterative approach to develop your sustainable supply chain strategy Apply a balanced scorecard to
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having too much data‚ and what to do about them There is rarely an instance of business that you can encounter that does not involve the processing of data on information systems these days. Businesses and organizations use information systems in a majority of their functions‚ and as a result‚ are creating mass amounts of data. Because data is so crucial to business operations‚ it is being gathered‚ stored‚ and utilized in exponential amounts compared to the previous decade. These data stores can
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This is an executive summary of business processes and requirements for computer system enhancements. Riordan Manufacturing needs these enhancements to improve its inventory and manufacturing processes. Executive Summary About Riordan Manufacturing (RM) Dr. Riordan‚ a chemist‚ started Riordan Plastics in 1991 as a research and development company based on patents for creating high tensile strength plastic products. Riordan Plastics added manufacturing operations and became Riordan Manufacturing
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Trang Vuong Big Data and Its Potentials Data exists everywhere nowadays. It flows to every area of the economy and plays an important role in the decision-making process. Indeed‚ “businesses‚ industries‚ governments‚ universities‚ scientists‚ consumers‚ and nonprofits are generating data at unprecedented levels and at an incredible pace” to ensure the accuracy and reliability of their data-driven decisions (Gordon-Murnane 30). Especially when technology and economy are growing at an unbelievable
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Tech Data Corporation Restating jumal Statements Submitted To: Prof………….. Strategy Management Stayer University Date: May 1‚ 2013 Tech Data Corporation (TECD) headquartered in Clearwater‚ FL‚ is one of the world’s largest wholesale distributors of technology products. Its supreme logistics capabilities and value added services enable 120‚000 resellers in more than 100 countries to efficiently and cost effectively support the diverse technology needs of end users. The company
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DATA FLOW DIAGRAM Group#7 Nugao Oserin Obongen The Data Flow Diagram (DFD) • a graphical representation of the flow of data through an information system. It enables you to represent the processes in your information system from the viewpoint of data. The DFD lets you visualize how the system operates‚ what the system accomplishes and how it will be implemented‚ when it is refined with further specification. • Data flow diagrams are used by systems analysts to design information-processing systems
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Big Data which companies are easily able to collect from their businesses‚ customers and employees. It explains the numerous advantages of using the data collected by companies effectively so that it can be used by the company in improving its efficiencies‚ sales‚ faster and quicker turnaround which in turn would lead to increase revenues and finally increased profits (which is what the stakeholders of the company are looking for).It illustrates the prominent fact that companies that are data-driven
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In the power point one had to purchase their own drive-in theatre. One invested $100‚000 in their business. The $100‚000 would fall as a line item credit under assets and shareholder’s equity. And each side had to balance each other out. Next we had to invest $25‚000 for business supplies. This will fall as a debit and credit line item under assets because we spend cash and the $25‚000 would increase the value of the business. Next we had to but the land for $150‚000. This was a debit and credit
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