BUS 303 SAYLOR EXAM SCRIPT 2026
QUESTIONS WITH ANSWERS 100%
CORRECT
⩥ SWOT internal. Answer: strengths and weaknesses
⩥ PEST analysis. Answer: political, economic, social, and technological
⩥ Five Forces. Answer: Buyer power
Supplier power
Threat of substitute products or services
Threat of new entrants
Rivalry among existing competitors
⩥ enterprise systems. Answer: Integrated enterprise-wide information
systems that coordinate key internal processes of the firm.
include logistics (sales and distribution, procurement, inventory
management), accounting (financial accounting, treasury, controlling),
manufacturing (planning and scheduling, cost accounting, capacity
planning), and human resources (payroll, employee tracking, tax
compliance).
, ⩥ e-business. Answer: using the internet to facilitate every aspect of
running a business
application of electronic networks (including the Internet) to undertake
business processes between individuals and organizations. These
processes include interaction between back-office processes (internal
processes such as distribution, manufacturing, and accounting) and
front-office processes (external processes such as those that connect an
organization to its customers and suppliers). Electronic networks include
the Internet and electronic data interchange (EDI)
⩥ Information System. Answer: a man-made system that consists of an
integrated set of computer-based and manual components established to
facilitate an organization's operational functions and to support
management decision making by providing information that managers
can use to plan and control the activities of the firm.
⩥ master data update. Answer: . A master data update is an information
processing activity whose function is to incorporate new business event
data into existing master data. Updating includes adding, deleting, and
replacing master data and/or records. For example, the sales event data
are used to update the accounts receivable master data by adding new
accounts receivable records.
⩥ master data store. Answer: Master data updates are recorded on master
data stores. Master data stores are repositories of relatively permanent
data maintained over an extended period of time.4 Master data contain
QUESTIONS WITH ANSWERS 100%
CORRECT
⩥ SWOT internal. Answer: strengths and weaknesses
⩥ PEST analysis. Answer: political, economic, social, and technological
⩥ Five Forces. Answer: Buyer power
Supplier power
Threat of substitute products or services
Threat of new entrants
Rivalry among existing competitors
⩥ enterprise systems. Answer: Integrated enterprise-wide information
systems that coordinate key internal processes of the firm.
include logistics (sales and distribution, procurement, inventory
management), accounting (financial accounting, treasury, controlling),
manufacturing (planning and scheduling, cost accounting, capacity
planning), and human resources (payroll, employee tracking, tax
compliance).
, ⩥ e-business. Answer: using the internet to facilitate every aspect of
running a business
application of electronic networks (including the Internet) to undertake
business processes between individuals and organizations. These
processes include interaction between back-office processes (internal
processes such as distribution, manufacturing, and accounting) and
front-office processes (external processes such as those that connect an
organization to its customers and suppliers). Electronic networks include
the Internet and electronic data interchange (EDI)
⩥ Information System. Answer: a man-made system that consists of an
integrated set of computer-based and manual components established to
facilitate an organization's operational functions and to support
management decision making by providing information that managers
can use to plan and control the activities of the firm.
⩥ master data update. Answer: . A master data update is an information
processing activity whose function is to incorporate new business event
data into existing master data. Updating includes adding, deleting, and
replacing master data and/or records. For example, the sales event data
are used to update the accounts receivable master data by adding new
accounts receivable records.
⩥ master data store. Answer: Master data updates are recorded on master
data stores. Master data stores are repositories of relatively permanent
data maintained over an extended period of time.4 Master data contain
