Definitions Flashcards
What is e-Business integration?
The coordination of the flow of information and processes among enterprises and their underlying system.
What is a Business Process
The complete and coordinated set of collaborative activities that respond to a business requirement for action, that deliver VALUE to customers
What is Electronic Business (e-Business)?
The conduct of transactions by means of electronic communications networks end-to-end.
What is the value chain?
A model that describes a series of value-adding activities connecting a company’s supply side with the demand side.
What is a workflow?
The sequence of processing steps during which information and physical objects are passed from one processing step to the other. It links together technologies and tools able to automatically route events and tasks with programs or users.
