Chapter 2: Automation Flashcards

1
Q

Operational Business Processes

A

Static, routine, daily business processes such as stocking inventory, checking out customers, or daily opening and closing processes

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2
Q

Operationalized Analytics

A

Makes analytics part of a business process

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3
Q

Business Process Improvement

A

Attempts to understand and measure the current process and make performance improvements accordingly

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4
Q

Automation

A

The process of computerizing manual tasks

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5
Q

Streamlining

A

Improves business process efficiencies by simplifying or eliminating unnecessary steps

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6
Q

Bottleneck

A

Occur when resources reach full capacity and cannot handle any additional demands

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7
Q

Redundancy

A

Occurs when a task or activity is unnecessarily repeated

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8
Q

Business Process Reengineering (BPR)

A

Analysis and redesign of workflow within and between enterprises

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9
Q

Strategic Business Processes

A

Dynamic, non-routine, long-term, business processes such as financial planning and expansion strategies.

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