BMK211 Study Guide - Computer Literacy, Data Management, Data Center
Document Summary
Business functions- specialized tasks performed by business organizations consist of sales and marketing, manufacturing and production, finance and accounting, and human resources/ Business models- a business model describes how a company produces, delivers, and sells a product or service to create wealth. Business processes- business processes refer to the set of logically related tasks and behaviours that organizations develop over time to produce speci c business results and the unique manner in which these activities are organized and coordinated. Canadian rules on the sarbanes-oxley act- more commonly known as the c-sox. Act, which was intended to improve the accountability of public rms and their auditors, require certi ed public accounting rms that audit public companies to retain audit working papers and records, including all e-mails, for a number of years. Complementary assets- are those assets required to derive value from a primary invest- ment (teece, 1988).