Which of the following statements about digital firms is not true? Identify three environmental factors influenced by family that affect human behavior. Which of the following is NOT one of the seven challenges a manager must deal with in the 21st century? B) Human resources The enormous volume of data generated by Internet activity, such as web traffic, email, and social media is referred to as: B) acts as liaison between the information systems group and the rest of the organization. C) Decentralized D) Trade secret protection His action is acceptable, because the higher social value is the survival of the family. True or False, The use of computers to assemble data from different sources to create digital dossiers of detailed information about individuals is known as which of the following? Once youve adopted the new process in its optimal form, you can then solidify the change within your internal documentation and knowledge base. Vivian has just been promoted to management after years of working at the company. Schedule a demo with Helpjuices team today! D) low-cost leadership, new market entrants, product differentiation, and focus on market niche. E) A clothes manufacturer expanding its offerings to new styles. D) Continuous improvement B) sales forecast C) Satellite radio 29. People have many beliefs and behavioral tendenciessome controllable, some beyond our control. D) fixed B) It helps to communicate corporate strategy to all members of the organization. E) "Have you ever wished that you could just erase a line from your rsum? C) the reduction in travel times and the ubiquity of global exchange and travel. Data is information that has been shaped into a form that is meaningful to human beings. A) internal business process perspective Similarly, you might choose to slowly unroll the new process to different teams or departments as needed. C. Use domineering influence. E) Online seal program, Which of the following restricts the information that the U.S. federal government can collect about an individual and regulates what it can do with the information? This is why continually improving your business internal processes is one of the most beneficial things you can do for your organization. All of the following are reasons why performance falls significantly short of the standard EXCEPT B) creating educational opportunities for management. Finally, be sure to stay at arms length to provide guidance and assistance, and to keep team members motivated as you implement the change. New products, services, and business models True or False, Identifying customers is a business process handled by the human resources function. C) CIO D) His action is wrong, because if everyone were to do this, the concept of personal property is defeated. D) Ask everyone to put on their work calendars the time they arrive and the time they leave, so they know you are checking on them. C) A bookseller selling an e-book reader that reads only the bookseller's books. D) financial perspective a. D) making customers aware of the product. The distinction between an idea and its expression. D) Quality can be improved on the basis of hard data. Olivia is the go-to person at her company for quick turnarounds and short-term projects. All large businesses incur administrative costs in the process of delivering revenue collected from customers to the suppliers of the goods or services being purchased . Youll also want to know whether the process looks the same in practice as it does on paper. True or False. B) strategy map Why does Amazon need to worry about competitors in online shopping? There're generally two type of business processes: Functional processes Cross-functional processes Functional processes are the processes that are performed within the ambit of a functional department. They kept us so isolated that we never even met the clients." Before the fall term began, professors at Pinetops Community College were required to fill out numerous forms, including performance objectives, surveys, and lists of their summer contacts with prospective students. A) operating income B) Companies should determine which workers are to blame for problems. B) positioning (This is most important when making changes to high-stakes processes, like customer service or accounting.). Enjoyed this article? C) translating the mission into strategic goals. B) market share E) Computer Matching and Privacy Protection Act, Computer Matching and Privacy Protection Act, Gaining unapproved access to a computer is not a federal crime. B) goods and services produced, divided by labor, capital, energy, and materials. A) more suppliers. C) career readiness C) quality improvement, training, and customer satisfaction. As such, the Theory of Constraints follows these steps: Based on the practice of lean manufacturing, lean BPI aims to minimize waste, and to ultimately squeeze the absolute most value possible out of every resource used. E) business intelligence. True or False, A(n) ________ is typically a major source of data for other systems. These more practical improvements will mean more (and more valuable) opportunities for team members to interact for various purposes. D) Because companies are more focused on engaging in self-development and organizational citizenship. E) human resources, Kimberli manages employees at Mountaintop Ski Resorts. True or False, One example of a business process is shipping a product to a customer. One of the most popular candies in the United States is M&Ms, which are produced by the Mars Company. B) fewer suppliers. C) A business firm is a collection of business processes. Six Sigma is a BPI methodology holding that all processes within an organization can be defined, measured, and improved and that positive financial results should always be the ultimate goal when doing so. A) on the website's server. Now, you can begin working with your team to create an improvement plan and put it into action. D) The Internet B. A) low-cost leadership, substitute products and services, customers; and suppliers. B) establishing standards E) verifies the accuracy and fairness of financial statements, B) primarily used when management suspects embezzlement. C) decentralized controls An internal process is a type of business process that organizations perform without the influence or involvement of external business partners. B) The Gramm-Leach-Bliley Act Shareholders and owners. Although everyone is different, some financial concerns are common to or typical of the different stages of adult life. True or False, A firm can be said to have competitive advantage when it has access to resources that others do not. E) Set up a strategic transition, The inventors of a disruptive technology typically benefit the most from the technology; it is rare that fast followers catch up quickly. D) first-level managers. A) "My time there was time wasted. As such, it provides essential information for the following objectives except A. B) market niche A) zero-based A) planning programming budgeting system B) capital expenditures budget. You can read about the history of the product, find ideas for baking, purchase the candies in the colors of your school or favorite team, and learn the percent of each color in the standard bags. B) MIS Its why the agile approach is so common here, as it allows your team to pivot on-the-fly while remaining laser-focused on your ultimate goals for process improvement. D) insufficient management attention. D) sales and marketing The company has overcome which of the following barriers to success of control systems? Which of the following best defines Kaizen? B) customer perspective B) price premium earned Standards are best measured when they are Now, youll need to set goals for your BPI initiative. The four major competitive strategies are: B) customer perspective Internal processes are an aspect of the balanced scorecard method, which is a performance metric an organization can use to identify areas that may need improvement. This goes hand-in-hand with enabling innovation throughout your organization. As mentioned, standardizing your core processes will eventually make these processes second nature to your team. Why is it important to control the supply chain? D) defect rates, 16) Measures of the balanced scorecard's learning-and-growth perspective include: If one element brings positive effects to company, it is considered as strength. Values, beliefs, and attitudes are psychological influences on the consumer purchase decision process. If it doesnt bring more money to your business, theres no sense in doing itright? Although many things can affect the choice of an appropriate structure for an organization, the following five factors are the most common: size, life cycle, strategy, environment, and technology. E) Survival. D) Digital firms sense and respond to their environments more rapidly than traditional firms. B) Take a learning orientation approach which engages in self-development. In a literal sense, though, your organization does muchmore than that. That said, the initial focus of lean BPI is on removing friction while maintaining your current productivity levels. B) to view performance in several areas simultaneously True or False, A ________ is a senior manager who oversees the use of IT in the firm. D) evaluation. His manager chose to retrain Evan, using the control of E) Privacy law, What is the most important function of an enterprise application? Informal processes, of course, will need to be documented for the first time. Role Perception 5. With all else in place, this is the final piece of the puzzle to ensure the new way takes hold. E) Nike's use of celebrities to market their products. Spam is legally defined as any e-mail that is unsolicited. The principal liaison between the information systems groups and the rest of the organization is a(n): E) Secondary activities, Malicious software that is installed secretly on your computer by other applications and that tracks your online movements is called spyware. Typically, operational control is accomplished through reports issued How would you describe King Power and Light's control system? How is management using controls when they allow decision making at lower levels and encourage employees to work together in teams? This control is part of the ________ area. C) They offer services that are highly perishable. A) assets. For one thing, youll be keeping costs to a minimum while at least maintaining the same levels of productivity. Business process improvement (BPI) can also help you zero in on the root cause of problems within your workflows. This commitment to excellence should extend beyond singular initiatives, and become part of your organizations ethos. Below are four factors influencing these local government financial decisions. 6) The internal business processes perspective of the balanced scorecard comprises three subprocesses that address all of the following EXCEPT: A) innovative processes used to create new products, services, and processes B) motivating current employees C) providing service and support to the customer after the sale Of course, youll want to make any necessary adjustments if your efforts havent panned out as youd hoped. Internal business processes influence all of the following EXCEPT access. D) crafting a course of action. A) expertise area B) As a major cost center, it is important to pay attention to the sourcing, shipping, and warehousing. D) The Internet enables the production or sales of substitute products or services. A) providing better reporting facilities. B) overemphasis on one instead of multiple approaches C) financial D) Video Privacy Protection Act E) Transactional needs of the organization, Long-range planning activities of senior management, A(n) ________ is an activity for which a firm is a world-class leader. D) competing priorities C) reduced cycle time. C) Value chain analysis E) ethical. Business managers and executives have a responsibility to examine internal concerns for how they may influence company decisions. D) Freedom of Information Act C) anonymous email. Internal business processes can be categorized as formal or informal. She has noticed that one of her employees submits via the computer system the same suggestions for continuous improvement multiple times, knowing that performance is evaluated on the number of suggestions only. C) It is effective in ensuring that performance standards are being met. Question 1. B) the use of the Internet and technology for instantaneous communication. 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