INMT 341 Test 1 UPDATED ACTUAL Questions and CORRECT Answers
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Course
INMT 341
Institution
INMT 341
INMT 341 Test 1 UPDATED ACTUAL
Questions and CORRECT Answers
Event - CORRECT ANSWER- Single step in a business process
Information Management - CORRECT ANSWER- involves collection and management of
information gathered from sources and distributed to stakeholders
INMT 341 Test 1 UPDATED ACTUAL
Questions and CORRECT Answers
Event - CORRECT ANSWER- Single step in a business process
Information Management - CORRECT ANSWER- involves collection and management of
information gathered from sources and distributed to stakeholders
business process - CORRECT ANSWER- a collection of activities performed by a group of
stakeholders to achieve a concrete goal
Business event - CORRECT ANSWER- the operating activities performed within a business
process
Procure to pay (def) - CORRECT ANSWER- Buying things
Procure to Pay Events - CORRECT ANSWER- 1: Identify a Need
2: Negotiate PO
3: Receive and Inspect goods/services from vendor
4:Store/Maintain goods
5: Pay vendor
6: Negotiate Returns
Conversion(def) - CORRECT ANSWER- most diverse, how resources are transformed into
goods/services
Conversion Events - CORRECT ANSWER- assembly
growing
harvesting
manufacturing services
steps in delivery service
steps in a resturant
transforming knowledge or education
discovering
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