Business management tools - ANSWER are all the systems,
applications, controls, calculating solutions,
methodologies, etc. used by organizations to be able to cope with
changing markets, ensure a
competitive position in them and improve business performance.
functional perspective - ANSWER where tools are classified according to
their specific function.
process perspective - ANSWER according to the process activities that
they support
Business plan - ANSWER is a document used to explain the strategy of
an organization, set growth targets for
the next three to five years, and identify the information needed to
achieve those goals, such as target
market, unique selling points, marketing goals, etc.
Balance sheet. - ANSWER Is a details company finances for a certain
moment in time (often the end of the
financial year)? This lists the company's asset values (things that belong
to it), liabilities (what it owes)
and equity of ownership (what is left after liabilities).
Start-up process. - ANSWER is used to describe a brand-new company,
usually in its first few months or years
of trading. It is often associated with the tech industry, since the word
was commonly used during the
dot com period, but it can refer to any new business.
Forecast. - ANSWER a business forecast predicts various aspects of a
company's future movement. The
timeframes are usually with previews being popular for three to five
years. Sales, profit and loss, and
cash flow are types of company forecast; the latter allows business
owners to assess when money is
, going to run out.
Marketing. - ANSWER refers to the commercialization of a product or
service. It can take many forms,
including advertising, emailing customers, sending out leaflets or
brochures, communicating with
potential customers through social media, and so on.
Business technology - ANSWER refers to research, data, engineering,
and information technologies for
business purposes, such as achieving economic and organizational
objectives. The principle of
transition, and how it can impact business and society, is the primary
element of technology.
Desktop computer or Laptop - ANSWER A personal computer is now
used by most companies. Some prefer
laptops but the desktop in the corporate world reigns supreme. The
explanation for this is that
processing power costs less. When choosing between a desktop or
laptop, weigh your pros and cons.
Printer - ANSWER A printer is a device that accepts text and graphic
output from a computer and transfer the
information to paper, usually to standard size sheets of paper. Printers
vary in size, speed,
sophistication, and cost.
Scanner - ANSWER is an input device that scans documents such as
photographs and pages of text.
When a document is scanned, it is converted into a digital format. This
creates an electronic version of
the document that can be viewed and edited on a computer.
Digital Cameras - ANSWER Digital cameras are used to capture
photographs and videos independently. Later, these photo and
video files can be transferred to a computer by connecting the camera
directly with a cable, removing
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Humat. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.49. You're not tied to anything after your purchase.