The Information Value Chain Is Defined As

question 39

Multiple Choice

The Information Value Chain is defined as:

• A)The flow of materials,information,payments,and services.
• B)The use of computer technology to provide information about business activities to employees across the firm.
• C)The overall transformation of data from a business need to the ultimate decision.
• D)A centralized database that collects data from throughout the firm.

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Definitions:

Collections

The process of pursuing payments of debts owed by individuals or businesses to creditors or service providers.

Public Exhibition

An event where works of art, new products, or other items of interest are displayed to the general public.

Capitalizing

Capitalizing is the process of recording a cost or expense on the balance sheet for the purposes of delaying full recognition of the expense over time through depreciation or amortization.

Amortize

A method of spreading out a loan or intangible asset cost over a fixed period, reducing the value on the balance sheet over time.