Business Process Model and NotationBusiness Process Model and Notation (BPMN) is a graphical representation for specifying business processes in a business process model. Originally developed by the Business Process Management Initiative (BPMI), BPMN has been maintained by the Object Management Group (OMG) since the two organizations merged in 2005. Version 2.0 of BPMN was released in January 2011, at which point the name was amended to Business Process Model and Notation to reflect the introduction of execution semantics, which were introduced alongside the existing notational and diagramming elements.
Strategic managementIn the field of management, strategic management involves the formulation and implementation of the major goals and initiatives taken by an organization's managers on behalf of stakeholders, based on consideration of resources and an assessment of the internal and external environments in which the organization operates. Strategic management provides overall direction to an enterprise and involves specifying the organization's objectives, developing policies and plans to achieve those objectives, and then allocating resources to implement the plans.
EconomicsEconomics (ˌɛkəˈnɒmᵻks,_ˌiːkə-) is a social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes what's viewed as basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers.
Theory of the firmThe theory of the firm consists of a number of economic theories that explain and predict the nature of the firm, company, or corporation, including its existence, behaviour, structure, and relationship to the market. Firms are key drivers in economics, providing goods and services in return for monetary payments and rewards. Organisational structure, incentives, employee productivity, and information all influence the successful operation of a firm in the economy and within itself.
Business architectureIn the business sector, business architecture is a discipline that "represents holistic, multidimensional business views of: capabilities, end‐to‐end value delivery, information, and organizational structure; and the relationships among these business views and strategies, products, policies, initiatives, and stakeholders." In application, business architecture provides a bridge between an enterprise business model and enterprise strategy on one side, and the business functionality of the enterprise on the other side.
Empty categoryIn linguistics, an empty category, which may also be referred to as a covert category, is an element in the study of syntax that does not have any phonological content and is therefore unpronounced. Empty categories exist in contrast to overt categories which are pronounced. When representing empty categories in tree structures, linguists use a null symbol (∅) to depict the idea that there is a mental category at the level being represented, even if the word(s) are being left out of overt speech.
Closed monoidal categoryIn mathematics, especially in , a closed monoidal category (or a monoidal closed category) is a that is both a and a in such a way that the structures are compatible. A classic example is the , Set, where the monoidal product of sets and is the usual cartesian product , and the internal Hom is the set of functions from to . A non- example is the , K-Vect, over a field . Here the monoidal product is the usual tensor product of vector spaces, and the internal Hom is the vector space of linear maps from one vector space to another.
Cartesian closed categoryIn , a is Cartesian closed if, roughly speaking, any morphism defined on a of two can be naturally identified with a morphism defined on one of the factors. These categories are particularly important in mathematical logic and the theory of programming, in that their internal language is the simply typed lambda calculus. They are generalized by , whose internal language, linear type systems, are suitable for both quantum and classical computation.
Transistor–transistor logicTransistor–transistor logic (TTL) is a logic family built from bipolar junction transistors. Its name signifies that transistors perform both the logic function (the first "transistor") and the amplifying function (the second "transistor"), as opposed to earlier resistor–transistor logic (RTL) and diode–transistor logic (DTL). TTL integrated circuits (ICs) were widely used in applications such as computers, industrial controls, test equipment and instrumentation, consumer electronics, and synthesizers.
Higher category theoryIn mathematics, higher category theory is the part of at a higher order, which means that some equalities are replaced by explicit arrows in order to be able to explicitly study the structure behind those equalities. Higher category theory is often applied in algebraic topology (especially in homotopy theory), where one studies algebraic invariants of spaces, such as their fundamental . An ordinary has and morphisms, which are called 1-morphisms in the context of higher category theory.
