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:

Personal Liability

The legal responsibility of an individual to assume financial obligations or compensate for wrongful acts.

Uniform Partnership Act

Legislation adopted by various states in the U.S. to provide a consistent legal framework governing the operation of partnerships.

Allocation Of Personal Liability

The process of assigning responsibility to individuals for their actions or obligations, particularly in a legal or financial context.

Charging Order

An order that entitles a creditor to collect a partner’s profits.