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Changing Business Processes with MIS Outlines How to Improve the Three

question 245

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Changing business processes with MIS outlines how to improve the three levels of business processes: operational, managerial, and strategic.From operational to strategic, what are the three major improvement strategies that the author describes?


Definitions:

Accomplishments

Achievements or completed goals that an individual or organization has successfully attained.

Revenue Recognition Principle

An accounting guideline stating that revenue should be reported when it is earned and realizable, regardless of when the cash is received.

Accounting Period

A specific duration of time, such as a month, quarter, or year, over which financial activities are recorded and reported.

Cash Received

The amount of money taken in by a business during a particular period, including transactions in cash and equivalents.

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