Computer Science 1032A/B Chapter Notes - Chapter 2: Videotelephony, Financial Modeling, Transaction Processing

• School: Western University
• Department: Computer Science
• Course: Computer Science 1032A/B
• Professor: Louis Magguilli

Document Summary

Chapter 2: business processes, information, and decision making. What is a business process: business process: a network of activities, resources, facilities, and information that interact to achieve some business objective, ex: inventory-management processes, manufacturing processes, sales processes, customer-support processes. Quantity received (information) and shipping invoice (information) Payment to supplier (resource: resources: items of value. Facilities: structures used within the business process: inventories and databases. Information: used by activities to determine how to transform the inputs they receive into the outputs they produce: business process modeling notation (bpmn): provides a standard set of terms and graphical notations to document a process. What is information: knowledge derived from data (facts or figures, data presented in a meaningful context. Processed data (processed by summing, ordering, averaging, grouping, comparing, performing other similar operations) Characteristics of good information: accurate based on correct and complete data and has been processed correctly as expected.