Business Driven Technology
7th Edition
ISBN: 9781259567322
Author: Paige Baltzan Instructor
Publisher: McGraw-Hill Education
expand_more
expand_more
format_list_bulleted
Expert Solution & Answer
Chapter B, Problem B1.2MBD
Explanation of Solution
Business departments:
- Accounting:
- It provides numerical data about business finances.
- It records, measures and describes financial information.
- The responsibilities of accounting department includes:
- Accounts payable:
- It keeps eye on money saving opportunities.
- Accounts receivable:
- It tracks receivables, includes invoices and collection actions.
- Payroll:
- It makes sure all employees are getting paid properly.
- Financial statements:
- It prepares financial reports that could be used for budgeting, forecasting as well as other decisions.
- Accounts payable:
- Finance:
- It deals with deliberate financial issues related with growing business value.
- It observes laws that are applicable as well as social responsibilities.
- The responsibilities of finance department includes:
- Bookkeeping:
- It involves daily recording, analysis, interpretation of financial transaction of company.
- It includes tracking of all expenses as well as sales of finished products.
- Management of company’s cash flow:
- It manages all cash flows in company and ensures that enough funds are available for day to day needs.
- It ensures vendors and creditors are paid correctly on time.
- Bookkeeping:
- Human resources:
- It effectively accomplishes employees in an organization.
- It includes plans, policies and procedures for its management.
- It identifies hiring need, develops a recruitment plan, organizational chart and other documents.
- It reviews position description and assigns job classification...
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
Explain your most crucial attributes based on your successful business presentation.
must be adhered to at all times while making a business presentation.
Based on the effective business presentation, explain what is the most important things that you
need to follow for every part of the business presentation.
Create a tablethat lists 10 or more possible career areas-including estimated annual salaries and brief job descriptions. Rate how much you think you would like each potential career area on a scale from 1 ("don't like'') to 10 (like the most'').Sort the careers from high to low rating and print the results.Sort the table according to annual salaries,from high to low, and then print the resulting table. Sort the table from the most liked to least liked, and then print the results.
Chapter B Solutions
Business Driven Technology
Ch. B - Prob. B1.1MBDCh. B - Prob. B1.2MBDCh. B - Prob. B1.3MBDCh. B - Prob. B1.4MBDCh. B - Prob. B1.5MBDCh. B - Prob. B1.6MBDCh. B - Prob. B2.1MBDCh. B - Modeling a Business Process Do you hate waiting in...Ch. B - Prob. B2.3MBDCh. B - Prob. B2.4MBD
Ch. B - Prob. B2.5MBDCh. B - Prob. B3.1MBDCh. B - Prob. B3.2MBDCh. B - Prob. B4.1MBDCh. B - Prob. B4.2MBDCh. B - Prob. B4.3MBDCh. B - Prob. B4.4MBDCh. B - Prob. B4.5MBDCh. B - Prob. B4.6MBDCh. B - Prob. B4.7MBDCh. B - Prob. B4.8MBDCh. B - Prob. B4.9MBDCh. B - Prob. B4.10MBDCh. B - Prob. B4.11MBDCh. B - Prob. B5.1MBDCh. B - Prob. B5.2MBDCh. B - Prob. B5.3MBDCh. B - Prob. B5.4MBDCh. B - Prob. B5.5MBDCh. B - Prob. B5.6MBDCh. B - Prob. B6.1MBDCh. B - Prob. B6.2MBDCh. B - Prob. B6.3MBDCh. B - Prob. B6.4MBDCh. B - Prob. B6.5MBDCh. B - Prob. B7.1MBDCh. B - Prob. B7.2MBDCh. B - Prob. B7.3MBDCh. B - Prob. B7.4MBDCh. B - Prob. B7.5MBDCh. B - Prob. B7.6MBDCh. B - Prob. B7.7MBDCh. B - Prob. B7.8MBDCh. B - Prob. B7.9MBDCh. B - Prob. B7.10MBDCh. B - Prob. B7.11MBDCh. B - Prob. B8.1MBDCh. B - Prob. B8.2MBDCh. B - Prob. B9.1MBDCh. B - Prob. B9.2MBDCh. B - Prob. B9.3MBDCh. B - Prob. B9.4MBDCh. B - Prob. B9.5MBDCh. B - Prob. B9.6MBDCh. B - Prob. B9.7MBDCh. B - Prob. B9.8MBDCh. B - Prob. B9.9MBDCh. B - Prob. B9.10MBDCh. B - Prob. B10.1MBDCh. B - Prob. B10.2MBDCh. B - Prob. B10.3MBDCh. B - Prob. B10.4MBDCh. B - Prob. B10.5MBDCh. B - Prob. B11.1MBDCh. B - Prob. B11.2MBDCh. B - Prob. B11.3MBDCh. B - Prob. B11.4MBDCh. B - Prob. B12.1MBDCh. B - Prob. B12.2MBDCh. B - Prob. B12.3MBDCh. B - Prob. B12.4MBDCh. B - Prob. B12.5MBDCh. B - Prob. B12.6MBD
Knowledge Booster
Similar questions
- the er should diagram include customer,staff, products,deals and suppliersarrow_forwardCase Report on SBRU Summer Breaks 'R' Us (SBRU) represents an online travel service provider that books summer break trips to resorts for university students. Students have booked summer break trips for decades, but changes in technology have transformed the travel business in recent years. SBRU moved away from having campus representatives with posted fliers and moved to the Web. The basic idea is to get a group of students to book a room at a resort for one of the traditional summer break weeks. SBRU contracts with dozens of resorts in key summer break (Dec- Feb) destinations in Bali, Bangkok, Dubai, Istanbul, Hawaii, and the Caribbean. Its website shows information on each resort and includes prices, room availability, and special features. Students can research and book a room, enter contract information, pay deposits, and make final payments through the system. SBRU provides updated booking information, resort information updates, and travel information for booked students when…arrow_forwardSpecify the business approach you intend to take.arrow_forward
- Business Model Breakdown At the heart of Etsy's success is its business model. A business model is a firm's plan or recipe for how it creates, delivers, and captures value for its stakeholders. The Barringer/Ireland Business Model Template, completed for what Etsy looks like today, is shown nearby. The following is a breakdown of each of the four major categories of Etsy's business model. What is particularly instructive is the way the model fits together. As you read through the description of each category, notice how it affects the other categories and Etsy's business model as a whole. Core Strategy Etsy's mission is ambitious. It wants to "re-imagine commerce in ways that build a more fulfilling and lasting world." To do this, Etsy has built its business around the neighborhood feel. Its focus is on constructing a way to shop that is meaningful to both sellers and buyers. To illustrate this point, Etsy CEO Chad Dickerson said, "Etsy, technologically and culturally, is a platform…arrow_forwardDescribe the typical formats for persuasive presentations. What are the strengths of each. Please be specific for each.arrow_forwardBecause of your effective business presentation, describe the most important features of your personality. When giving a business presentation, it is imperative that you adhere to the following rules.arrow_forward
- Task 2 Create a document for this task that you will submit separately. There are many vendors and products in the Zero Trust marketplace that promise to offer Zero Trust solutions. 1. Perform a Google search for vendors in the Zero Trust space. 2. Select at least three vendors. 3. Please visit the websites of these vendors. 4. In your document, create a table to review, summarize and compare the feature set of each major product offerings from the vendor. Explain why you would select certain vendors over others. How would you differentiate marketing hype from real use and functionality?arrow_forwardPart 1: Conceptual business model. Construct a conceptual business model for an industry or business that you are familiar with or have interest in. Visually it should be similar to the one we illustrated in Module 1, Video 2. Your model should represent at least 10 ideas It should visually represent one to one, many to one, or many to many relationships among ideasarrow_forwardQuestion: "You have hired several experienced chefs to work in the kitchen, but you want to ensure that they are equipped with all of the tools needed to produce the best possible dishes. In an effort to keep your chefs from getting confused about the various soups, stocks, and sauces that you serve, you are creating an organized chart featuring ingredients and instructions for soup, stock, and sauce preparation." "Select at least five of your most essential soups/stews and five sauces to include in the chart. For each sauce and soup/stew that you include, you will want to list the ingredients, including any stocks used as a base, and instructions for how to make these components and dishes. Graphics/drawings are always helpful but not required." I would really appreciate the help :)) I hope you have an amazing day!arrow_forward
- Challenge TasksAfter you complete the Practice Tasks, you learn about new developments at Game Technology. The marketing group added a new data analyst position to provide IT support. The new person will track customer response times, prepare contact management plans for sales reps, and develop customer satisfaction surveys. Marketing also decided to update customer categories. Critical Thinking Challenge: Tasks Page The Potential and Former categories are not affected. The new categories are Silver, which replaces the Active category; Gold, which replaces the Preferred category; and Platinum, which includes any customer whose orders total at least $1,000 in the last 24 months. Task 1: Draw a new version of the use case diagram that adds the new marketing technician. Task 2: Draw a state transition diagram that shows the new customer categories and the conditions for each categoryarrow_forwardCheck out a documentary on the working conditions at Google, Apple, or Walmart. (Many business documentaries are available on Netflix, and there may be more in your school library or online.) What's the company's approach to human resources? The way customers and vendors are handled. Do people get different treatment based on where they live or their social status? What advantages do they have? Which benefits do you value the most, and why? Summarise the material in one or two pages, with appropriate citations.arrow_forwardExplain your most crucial traits based on your successful business presentation.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Principles of Information Systems (MindTap Course...Computer ScienceISBN:9781305971776Author:Ralph Stair, George ReynoldsPublisher:Cengage LearningFundamentals of Information SystemsComputer ScienceISBN:9781337097536Author:Ralph Stair, George ReynoldsPublisher:Cengage LearningInformation Technology Project ManagementComputer ScienceISBN:9781337101356Author:Kathy SchwalbePublisher:Cengage Learning
- Management Of Information SecurityComputer ScienceISBN:9781337405713Author:WHITMAN, Michael.Publisher:Cengage Learning,Systems Analysis and Design (Shelly Cashman Serie...Computer ScienceISBN:9781305494602Author:Scott Tilley, Harry J. RosenblattPublisher:Cengage Learning
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781305971776
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Fundamentals of Information Systems
Computer Science
ISBN:9781337097536
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Information Technology Project Management
Computer Science
ISBN:9781337101356
Author:Kathy Schwalbe
Publisher:Cengage Learning
Management Of Information Security
Computer Science
ISBN:9781337405713
Author:WHITMAN, Michael.
Publisher:Cengage Learning,
Systems Analysis and Design (Shelly Cashman Serie...
Computer Science
ISBN:9781305494602
Author:Scott Tilley, Harry J. Rosenblatt
Publisher:Cengage Learning