BF10 - Principals of Business and Finance Notes

1. https://flic.kr/p/7uHYQc

2. Computer Networks are computers linked in a school
or business so users can share hardware, software, and data.
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4. A global system of interconnected computer networks use for accessing
the world wide web.
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5. A local or restricted communications network, especially a private
network.
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7. Software that enables computers to reason learn and make decisions;
such as voice recognition software
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8. Used to create product styles and designs such as; bridges and buildings.
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9. Computer programs that help people solve technical problems including
medical services, financial planning, and legal matters.
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11. Conducting business transactions using the Internet or other
technology.
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12. Conducting business transactions using the Internet or other
technology.
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Most common activities of E-Commerce:
• Providing product information
• Promoting a company
• Selling online
• Conducting market research
• Making payments
• Obtaining parts and supplies
• Tracking shipments

14. Business to Business: Examples: Staples.com ships office supplies to local hospitals
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15. Business to Customers: Examples: Carhartt.com selling outerwear to customers.
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16. Customers to Business: Examples: Customers completing on-line surveys in order to
provide feedback to Dunkin’ Donuts
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17. Customer to Customer: Examples: Customer buying electronics from other customers
through eBay.com
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19. Ordered system for gathering, analyzing, reporting and storing.
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21. Information for budgets and financial reports and statements
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22. Information for production summaries and supplies
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23. Information to determine customer needs, economic conditions, and competitors action
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24. Information about employees’ salaries, benefits and evaluations
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