Chapter 1:Introduction to Business
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Chapter 1:Introduction to Business Processes: Exam Study Guide Latest Updated 2024/2025. 1, Exams of Business Economics
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Chapter 1:Introduction to Business
Processes:
Exam Study Guide Latest Updated
100% Certified Guide by Expert.
The Best Study Notes
Exam Study Guide Latest Updated 2024/ 2025.
100% Certified Guide by Expert.
Chapter 1
Introduction to Business Processes
Multiple Answer Questions
- Within the financial structure, typical functions or departments found in a modern organization include which of the following?
a. purchasing b. operations c. internships d. finance e. marketing
Answer : a, b, d, e Difficulty : Medium Page Reference: 1 Section: The Functional Organizational Structure Practice: Yes
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- Which processes focus primarily on people and projects?
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a. Financial accounting processes b. Procurement process c. Production process d. Human capital management processes e. Project management processes
Answer : d, e Difficulty : Medium Page Reference: 6 Section: Business Processes Practice:
- Which of the following are components of the procurement process?
a. Warehouse b. Purchasing c. Sales d. Operations
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d. Accounting e. Production
Answer : a, c, d Difficulty : Medium Page Reference : 8 Section: Business Processes: Fulfillment-Sell Practice:
- The term materials encompasses which of the following?
a. Products
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b. Components c. Parts d. Anything used in an organization e. Accounting
Answer : a, b, c, d Difficulty : Medium Page Reference : 8 Section: Business Processes: Fulfillment-Sell Practice:
- Which of the following activities are related to the production process?
a. Request materials b. Store materials c. Locate Materials d. Issue Materials e. Receive Payment
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c. Prepare for Storage d. Store Materials e. Ship to Customer
Answer : a, b, e Difficulty : Medium Page Reference : 9 Section: Business Processes: Inventory and Warehouse Management-Store Practice: Yes
- Which of the following are components of the lifecycle data management process?
a. Engineering b. Marketing
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c. Accounting d. Production e. Sales
Answer : a, b, d Difficulty : Medium Page Reference : 10 Section: Business Processes: Lifecycle Data Management- Design Practice:
- Which departments take part in the conception of an idea?
a. Accounting b. Production c. Engineering d. Sales e. Marketing
Commented [RW1]: I can’t find this info in the chapter.
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d. Request maintenance e. Perform service
Answer : b, c, d Difficulty : Medium Page Reference : 11 Section: Business Processes: Asset Management and Customer Service-Service Practice:
- Sales is involved in which steps in the customer service process?
a. Perform service b. Create service request c. Settlement
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d. Authorize service e. Request maintenance
Answer : b, d Difficulty : Medium Page Reference: 11 Section: Business Processes: Human Capital Management- People Practice:
a. Budgeting b. Execution c. Settlement d. Planning
Answer : a, b, c, d Difficulty : Medium Page Reference : 12
What part of the project management process is within the various functional areas? Commented [RW2]: This question isn’t clear to me.
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Answer: b, c, d Difficulty: Medium Page Reference: 15 Section: How to use this book: SAP Software and Certification Practice: Yes