Module 1 Understanding Your Business

7 Fill in the blank: ________ is the fundamental rethinking and redesign of business processes to achieve improvements in critical measures of performance such as cost, quality, service, speed, and customer satisfaction. Select one:a. Learning and growth perspective b.Reengineeringc. Product differentiationd.Customer perspectivee.Strategy

Often the direct to business decision is incremental analysis via CVP. why?

What does the term entrepreneurial "context" refer to? a. Environments that enable or constrain decisions to start up. O b. Creation of a new type of industrial organization. Oc. Tackling the entrepreneurial characteristics. ○ d. Calculating uncertainty based on experience.

Give true solution for general accounting question

Determine whether the following items are objectives in the following areas: Financial, Internal Process, Customer, or Learning and GrowthNumber of counters that customers need to go to complete their transactions *a. Financialb. Customerc. Internal Processd. Learning and growth

What would motivate most companies to use information systems to compete, to drive innovation and operational excellence? a. The desire to establish congeniality b. The desire to stay ahead c. The desire to maintain the status quo d. The desire to develop community

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Which approach to understanding business processes is conducted from a broad organizational perspective and has the greatest risk of overlooking processes that are ultimately critical? a. Process narrative b. Тop-down

Part One: Indicate whether the following sentences are true or false: 5. Strategy/ business concept innovation states that the current environment is hostile and hospitable to revolutionaries. Organizations are required to revolutionalize organizational strategy/ concept.

Matching business trends terminology Match the term with the correct definition.

1. SWOT analysis is typically used to identify opportunities for success in the context of threats and clarify directions and choices.   TRUE FALSE   2. The main strategy that can be derived from SWOT analysis is the matching/development of the organization's strengths with identified market opportunities/threats.    TRUE FALSE   3.  The primary purpose of value chain analysis is to evaluate how well support activities contribute to the company's value chain.   TRUE FALSE

In the value chain concept, upgrading E-Commerce is considered. What kind of activity? Select one: O a. Support activity O b. Service activity O c. Primary activity O d. Marketing activity

Give typing answer with explanation and conclusion

The benefits of management accounting information include:   a. More effective planning b. All of the available options are correct c. Greater efficiency of operations d. Providing a means of motivating workers and rewarding performance e. Improved decisions

An essay of the Role of Perfomance Management Techniques in improving Organizational Performance

4 The number of complaints about the company's product is a potential measure of the     Select one: a. learning and growth perspective  b. customer perspective c. financial perspective  d. internal business process

1. What is the relationship between accountants and AIS?   2. What are some of the improvements that you may witness from BPR in conjunction with IT systems?

2   Identifying alternatives and selecting the best among them is part of which of the following activities managers carry out in organizations?   Select one: a. Motivating. b. Controlling. c. Directing. d. Decision making.

The simplified model for innovation management begins with A. entrepreneurial goals and context B. recognizing the opportunity C. developing the venture D. creating the value

Match the qualitative characteristics below with the following statements. 1.    Relevance 2.    Faithful representation 3.    Predictive value 4.    Confirmatory value 5.    Comparability 6.    Completeness 7.    Neutrality 8.    Timeliness a.    Quality of information that permits users to identify similarities in and differences between two sets of economic phenomena. b.    Having information available to users before it loses its capacity to influence decisions. c.    Information about an economic phenomenon that has value as an input to the processes used by capital providers to form their own expectations about the future. d.    Information that is capable of making a difference in the decisions of users in their capacity as capital providers. e.    Absence of bias intended to attain a predetermined result or to induce a particular behavior.

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1.11 Match the term with the correct definition 1. A philosophy designed to integrate all organizational areas to provide customers with superior products and services in achieving organizational goals. It requires improving quality and eliminating defects and waste A. ERP 2. Use the internet for business functions such as sales and customer service. It allows companies to reach customers around the world. B. JIT 3. Evaluation of a company's performance by economic, social and environmental impact. C. E-commerce   4. Software system that integrates all company functions, departments and data into a single system. D. Total quality management 5. A system in which the company produces products exactly when they are needed to meet needs. Suppliers deliver materials when they are required to start the production process and finished products are completed at the right time for delivery to customers. E. Three pillars