Chapter 12- Business Functions
Tangible products are called what?
Goods
Real-time online communication is called what?
Instant Messaging
What collect an organization's collective knowledge?
KM Systems
Who makes goods and services?
Production
Advertising a product is called what?
Promotion
An example of Video Conferencing is called what?
Webinar
human resources department
knows how many people it takes to make a car.
Which business behavior would focus on GAAP?
Accounting
Which business behavior would focus on SOX?
Accounting
What is a collaborative thought process?
Brainstorming
All five business departments must do what?
Collaborate
Two or more people pursuing a common business goal is called what?
Collaboration
What kind of approach does R&D take towards business?
Creative and Systematic
The oldest IT collaboration tool is what?
Discussion Board
Who coined the Four P's of Marketing?
E. Jerome McCarthy
R&D ideas need to be what?
Feasible
What is an example of online application software?
Google docs and spreadsheets
Which business behavior would focus on people?
HR
Distributing ideas is called what?
Knowledge Transfer
Name an example of project management software.
Microsoft Project
How a product or service is delivered to a customer is called what?
Placement
What are actual goods and services referred to in business?
Products
Intangible products are called what?
Services
The first post on a discussion board is called what?
Thread
What does the acronym UML stand for?
Unified Modeling Language
5 core business functions
accounting, production, research & development, human resources, and marketing.
research and development department
is betting that its new innovations will sell more cars
production department
knows how many cars its department can produce.
accounting department
knows how many cars need to be sold for the business to be profitable
marketing department
knows what kind of cars certain people are most likely to buy and what the car's appropriate price should be
