WGU D075 UNIT 4 MODULE 7 QUESTIONS WITH CORRECT ANSWERS

CORRECT ANSWERS leverage CORRECT ANSWER to use something to its maximum value, so that profits, business processes, and overall success reach maximum value. What are the 5 core business functional behaviors? CORRECT ANSWER Accounting Production Research and Development Human Resources Marketing Supply chain management CORRECT ANSWER management of a wide range of components and processes, such as storing raw materials, managing the inventory, warehousing, and moving finished products from the point of manufacture to the point of consumption. Examples of supply chain activities CORRECT ANSWER farming, refining, design, manufacturing, packaging, and transportation. IT supply chains CORRECT ANSWER use a component of a company's intranet by use of an extranet intranet CORRECT ANSWER a private computer network for sharing corporate information, collaboration tools, operational systems, and other computing services only within an organization. Access is not given to outsiders of the organization. extranet CORRECT ANSWER a controlled private network that allows access to partners, vendors, and suppliers, and is usually a subset of the information accessible from an organization's intranet. Collaboration CORRECT ANSWER two or more people working toward a common goal; communication within business departments through the process of data and information sharing. Business CORRECT ANSWER an organized entity designed to sell goods and provide services to make a profit. business functional behaviors CORRECT ANSWER the necessary core activities required to operate a successful business. Accounting CORRECT ANSWER, The 1st core business functional behavior, measures and provides financial information about an organization, primarily for its decision makers, investors, and taxing authorities; the language or mathematics of business.