COMM 205 Lecture Notes - Lecture 1: Business Process Management, Flowchart, Value Chain
Document Summary
Won"t work unless the right people are the most important. Program or collection of programs that enable hardware to process data. Connection system (wired or wireless) which permits diff. Series of steps undertaken to carry out specific business activity in order to achieve a goal. Individuals who are directly involved with is including managers. Customer x bought product y for on date t. Meaningful aggregation of facts that is useful in management and decision making. Year-to-date revenues from customer x are . 4m. Processed data or info that show individual understanding or learning. Organized data that has meaning and value. Items that are most elementary description of things. Store large amounts of info in an accessible and small place. Quick and inexpensive access to vast amount of info worldwide. Automate both semi-automatic business processes and manual tasks. Interpret vast amounts of data quickly and efficiently. They"re used to make the process more understandable.
