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BUS 301 EXAM 1 STUDY GUIDE

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BUS 301 EXAM 1 STUDY GUIDE

Institution
Boise State University
Course
Bus 301

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BUS 301 EXAM 1 STUDY GUIDE


Business Process - Answers - Input in - Output out,
Specific tasks that drive business value

Data Integrity - Answers - the accuracy and consistency (validity) of data
over its lifecycle

Function Silo - Answers - The gathering of data to fulfill a need for single
areas of your business

Latency - Answers - nothing happens, causing inefficiencies

3 types of ERP SAP data - Answers - Organizational
Master
Transactional

Organizational data - Answers - the legal and regulatory reporting structure
of an organization

Master data - Answers - Data repeatedly used in a system and is used to
create a transaction

Transactional Data - Answers - history of what's been done, made, sold,
bought, who, how much

Value added activity - Answers - activities that add value to organization

Non-value added activity - Answers - generate zero or negative return on
investment

Efficiency - Answers - defines how well we are executing our standard
process from the standpoint of time, quality, and resources being
consumed

Effectiveness - Answers - illustrates how well a process achieved the
organizational goals with which it is aligned
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Bus 301
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