Topic 2: Business Processes Flashcards

1
Q

Best Practice

A

The best way of performing a particular process.

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2
Q

Business Function

A

A specific subset of the organisation that is designed to perform a particular task that contributes to the organisation achieving its objectives.

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3
Q

Business Process

A

Any set of interlocking activities that work together, across the organisation, to achieve some predetermined organisational goal, which is typically defined around satisfying customer needs.

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4
Q

Business Process Redesign

A

The task of changing the operation of a business process in an organisation.

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5
Q

Business Process Re-engineering (BPR)

A

The fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical contemporary measures of performance, such as cost, quality, service and speed.

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6
Q

Functional Perspective

A

A view of organisational design that emphasises hierarchical reporting roles, narrowly specified worker roles and an emphasis on departments.

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7
Q

Information Technology (IT)

A

Technology used to handle information and aid communication.

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8
Q

Organisational Design/Structure/Hierarchy)

A

The organisation of a business enterprise through the structure of the relationships, interactions and reporting responsibilities among staff.

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9
Q

Scientific Management

A

An approach to job design that sees workers repeatedly perform narrowly defined tasks.

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10
Q

Total Quality Management (TQM)

A

An incremental approach to organisational change that works on the principle that a series of small progressive steps is the best way to improve operations.

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11
Q

Vendor-managed Inventory

A

A system that involves the buyer transferring to the seller the responsibility for determining what, when and how much is purchased.

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