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transactional activities

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Curtis Strite

Lvl 13
3y ago
Updated: 1/20/2022

routine bookkeeping tasks

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Curtis Strite

Lvl 13
3y ago

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Related Questions

how does technology help deliver transactional, traditional, and transformational HR activities more effectively and efficiently?

reducing the amount of time the HR staff needs to spend on transactional activities


how has the role of HRIM changed over time?

was primarily concerned with routine transactional and traditional HR activities to dealing with complex transformational activities


What is an HRIS?

the hardware, software, people forms, policies and procedures, and data that helps to reduce the amount of time spent on transactional activities


What are common examples of data?

Common examples include inventory, sales, receipts, and payments of transactional activities frequently stored and retrieved in databases.


Is Tactical information system the same as Transactional information system?

No, it is different. Transactional information system records, analyse and process daily first line operations of an organization. A tactical information system gather, agglomerates and transform the records generated by transactional and lower level systems and provide its results to executive level for decision making activities. A transactional system would be a order e commerce suite, and the tactical system would be a reporting suite delivering info on how many sales have been made per region, etc... Some vendors offers a full range of systems such as Microsoft, oracle etc... whereas other such a business object reports focuses only on a specific line of business.


What is a transactional account?

A transactional account is a type of bank account that allows for frequent transactions, such as deposits, withdrawals, and transfers, without limits on the number of transactions. These accounts typically come with features like debit cards, checks, and online banking. They are primarily used for everyday financial activities rather than for earning interest, making them suitable for managing day-to-day expenses. Examples include checking accounts and certain types of savings accounts that allow for regular access to funds.


What do you mean by Cyberbuyer and Cyberconsumer?

A Cyberbuyer refers to individuals or entities that engage in online purchasing activities, typically emphasizing the transactional aspect of e-commerce. In contrast, a Cyberconsumer encompasses a broader category, including anyone who utilizes the internet for various consumer-related activities, such as researching products, reading reviews, and participating in online communities. While all Cyberbuyers can be considered Cyberconsumers, not all Cyberconsumers actively make purchases online. This distinction highlights the varying levels of engagement with digital commerce.


What was the horizontal integration and vertical integration?

Horizontal Integration: The HR functions are interrelated and inter connected to each other. Ex. Organizational plan leads to resourcing and it leads development, development leads performance, performance leads rewards, rewards leads to employee relations and so on.Vertical integration : All the activities of the line managers are integrated with the organizational business strategy. Ex. Increasing to line of the business by x% leads to reflect in HR activities.Further HR roles can be divided into transactional HR, managerial HR and strategic HR. The transactional HR deals with administrative and clerical functions in HRM. The managerial HR deals rules regulations, laws, troubleshooting etc. The strategic HR deals with adding value in the form creative and innovative in its activities in order to support the vertical integration.Charminda RodrigoPQHRM-IPM (Sri Lanka)charmindarodrigo@hotmail.com


How purchasing relate with supply management?

Purchasing is a subset of supply management that involves the transactional aspect of acquiring goods and services. Supply management, on the other hand, encompasses a broader perspective that includes sourcing, supplier relationship management, inventory control, and overall strategic management of the supply chain. Effective supply management ensures that purchasing activities align with broader organizational goals and objectives.


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How are staffing activities influenced by training and compensation activities -?

Staffing activities are influenced by training and compensation activities because the training activities are used to provide guidelines of what is done in staffing activities.