Flashcards
Chapter 6 Key Terms
Flashcards do conjunto (24)
- 1accounts payableAmounts owed to suppliers for goods and services received.
- 2agentsThe people or organizations, such as customers or salespeople, who participate in business events.
- 3cashThe organization’s monies in bank or related accounts.
- 4cash disbursementsRecord payments of cash to external agents and the corresponding reduction in cash accounts. This is considered an event.
- 5choreographyThe science of examining raw data (now often Big Data), removing excess noise from the dataset, and organizing the data with the purpose of drawing conclusions for decision making.
- 6collaborationA BPMN model showing two participant pools and the interactions between them within a process.
- 7events(UML) Classes that model the organization’s transactions, usually affecting the organization’s resources, such as sales and cash receipts; (BPMN) important occurrences that affect the flow of activities in a business process, including start, intermediate, and end events.
- 8gatewayShows process branching and merging as the result of decisions.
- 9intermediate eventOccurs between start and end events and affects the flow of the process.
- 10intermediate timer eventIntermediate events that indicate a delay in the normal process flow until a fixed amount of time has elapsed.
- 11many-to-many relationshipExists when instances of one class are related to many instances of another class and vice versa.
- 12one-to-one relationshipExists when instances of one class are related to only one instance of another class and each instance of the other class is related to only one instance of the original class.
- 13orchestrationIn BPMN, the sequence of activities within one pool.
- 14productClass representing the organization’s goods held for sale—that is, the organization’s inventory. This is considered a resource.
- 15purchase discountAn offer from the supplier to reduce the cost of a purchase if payment is made according to specified terms, usually within a specified time.
- 16purchase orderA commitment event that precedes the economic purchase event.
- 17purchasesRecords the receipt of goods or services from a supplier and the corresponding obligation to pay the supplier.
- 18REAResource-event-agent framework for modeling business processes, originally developed by William McCarthy.
- 19receiptSame as the purchases event.
- 20resourcesThose things that have economic value to a firm, such as cash and products.
- 21subprocessRepresent a series of process steps that are hidden from view in BPMN. The use of subprocesses in modeling helps reduce complexity.
- 22suppliersIn the UML diagram of the purchases and payments process, the external agents from whom goods and services are purchased and to whom payments are made.
- 23timer eventsIndication of a delay in the flow of a process to a specific date, an elapsed time or a relative repetitive date, such as every Friday.
- 24type imageClass that represents management information to help manage a business process.