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MIS Chapter #2
MIS Chapter 2 Keywords
Question | Answer |
---|---|
Business | A formal organization whose aim is to produce products or provide services for a profit. |
Four Basic Business Functions | Manufacturing and production, sales and marketing, Human resources, Finance and accounting. |
Five basic entities that make up a business | Suppliers, Customers, Employees, invoice/payments, products and services |
Business process | A logically related set of activities that define how specific business tasks are performed. Unique ways in which work, information and knowledge are coordinated in a specific organization. |