Business Processes Cross Boundaries Between Functional Areas of an Organization

question 11

Multiple Choice

Business processes cross boundaries between functional areas of an organization.Business process management systems have been facilitated by:

• A)Management information systems
• B)Enterprise resource planning systems
• C)Database management systems
• D)Web based application systems

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Definitions:

Business Inventories

The total amount of goods and materials held by a business for the future sale, production, or utilization.

Capacity Utilization Rate

A metric used to measure the rate at which potential output levels are being met or used.

Interest Rate

The percentage at which interest is charged or paid on amounts of money, reflecting the price of credit or returns on investment.

Personal Property

Movable property that is not attached to real estate, including vehicles, furniture, and personal belongings.