Revision? Flashcards
Process design
When individuals seek to understand business activities, and ensure they are sufficient and effective as possible 
Outsourcing disadvantages
Urgent IT issues may take longer
Long-term contract of prone to disruption
Unexpected disadvantage of cloud, computing
Information it’s always accessible to authorised users
Work, life balance
Fraud detection an ethical behaviour
Improve protection is likely to encourage ethical behaviour
Sensitivity calculations
Measures the magnitude of a market reaction to changes in underlying changes
Data, engineering, extraction and mining
Insures data is in the format suitable for analysis
The customer value proposition
The set of benefits to the product or service promises to deliver.
This is a form of cost benefit analysis.
Issuing Clear guidance on the usage, and installation of products
Can improve reverse logistics
 Adhocracy
Best suited for…
Innovation
Scalar chain characteristics
Line of authority
Benefits of good, CSR
Lower costs
Acts as a method of differentiation
Strengthens brand.
Does not reduce taxes.
Public good
Enjoyed by everyone, regardless of whether any payments are made 
Radical transformation and outsourcing
Radical transformation is their advantage of outsourcing as it can enable broad structural change
AETL systems
What do they do?
Pull data from sources, process it, and then place into a new destination
Date of profiling and ETL
Data profiling as part of the extraction stage of ETL and ensures that the source data is validated
Multisourcing
Where the company chooses several suppliers so reducing the power of each one.
Prices fall for the relationship is less stable.
Parallel sourcing
The product may be sourced from separate supply systems, for example, both a traditional local supplier and a separate online supplier.
A combination of single sourcing in multisourcing. 
Job analysis
The process of collecting analysing and setting out information about the content of a role or job 
Enterprise resource, planning
A number of integrated modules to support all activities, including production purchasing inventory, control order tracking and customer service.
Optimise production technology
One of several computer based methods for scheduling production requirements.
It uses no capacity constraints identifying and eliminate bottle necks
Relationship marketing
Focus on forming long-term beneficial relationship rather than maximising short-term sales
Digital marketing
Involves using Internet based methods to approach customers
Flexible manufacturing systems
A production method that is designed to easily adapt to changes in a type of quantity of the products being manufactured
Hygiene factors
such as working conditions, do not give satisfaction or provide motivation when present
There absence, however, causes dissatisfaction.
Which stakeholder is the finance department likely to communicate financial information with most frequently
Customers – at least monthly, ascending monthly statement rate into their account on credit 
techno structure
Professions
Human resources, training, finance and planning
Supports the operating cool
Support staff
Research and development, public relations and legal services.
The outputs do not contribute directly to the core purpose of the organisation, but their activities contribute to the efficiency and effectiveness of the strategic apex, middle line and operating core.
Strategic management, accounting
Supporting strategic decisions with an emphasis upon external focus 
Product orientation
Strategy that is focused on the innate, good of the product being channelled to the market
Delight customers with a high-quality product to cater to the needs better than those offered by competitors 
