Defining Business Rules for REA Business Models

2014 ◽  
Author(s):  
Bernhard Wally ◽  
Christian Huemer
Keyword(s):  
Business Models ◽  
Business Rules

scholarly journals A Business Rules Management System for Fixed Assets

Data ◽  
2019 ◽  
Vol 4 (2) ◽  
pp. 70
Author(s):  
Sabina-Cristiana Necula
Keyword(s):  
Business Models ◽  
Decision Rules ◽  
Object Oriented ◽  
Domain Model ◽  
Business Rules ◽  
Search Results ◽  
Data Control ◽  
Fixed Assets ◽  
The Subject ◽  
Oriented System

The goal of this paper is to discuss the necessity of separating decision rules from domain model implementation. (1) Background: can rules help to discover hidden connections between data? We propose a separated implementation of decision rules on data about fixed assets for decision support. This will enhance search results. (2) Methods and technical workflow: We used DROOLS (Decision Rules Object Oriented System) to implement decision rules on the subject of accounting decisions on fixed assets; (3) Results: Making the model involves: the existence of a domain ontology and an ontology for the developed application; the possibility of executing specified inferences; the possibility of extracting information from a database; the possibility of simulations, predictions; the possibility of addressing fuzzy questions; and (4) Conclusions: The rules, the plans, and the business models must be implemented to allow specification of control over concepts. The editing of meta models must be directed to the user to ensure adaptation and not implemented at the level of control of the data control.

scholarly journals Enfoque para Flexibilizar el Modelo de Proceso de Negocio [More flexible approach to Business Process Model]

2014 ◽  
Author(s):  
Luis Oliverio Chaparro Lemus
Keyword(s):  
Business Process ◽  
Process Model ◽  
Business Process Management ◽  
Process Management ◽  
Business Models ◽  
Process Models ◽  
Business Process Model ◽  
Business Rules ◽  
Process Engine ◽  
Rules Engine

Resumen Los Sistemas de Gestión de Procesos de Negocio (BPMS) tienen por objetivo facilitar la actividad empresarial, permitiendo el control automatizado de los procesos de las organizaciones. Sin embargo, no es deseable que los modelos de proceso de negocio, generados por estos BPMS, incluyan las reglas de negocio dentro de sí. Esto representa un serio problema para la modularidad y flexibilidad del modelo, pues cuando se requiere modificar una regla que se usa en distintos puntos del modelo, es necesario modificar el modelo en todos los puntos donde se utilice la regla. En este artículo se hace una propuesta para separar las reglas de negocio del modelo de proceso y manejarlas de forma independiente mediante un motor de reglas de negocio. Esto implica guardar las reglas de negocio en un repositorio que controla un motor de reglas de negocio y una técnica para invocar la regla desde el modelo. Con este trabajo se hace un aporte al mejoramiento del diseño de los actuales BPMS que se traduciría en modelos de negocios muy flexibles y modulares. Palabras Claves:Regla de negocio, Motor de Reglas de Negocio, Proceso de Negocio, Modelo de Proceso de Negocio, Suite de Gestión de Procesos de Negocio (BPMS).   Abstract Systems Business Process Management (BPMS) are intended to facilitate business, allowing automated control of the processes of organizations. However, it is not desirable that the business process models generated by these BPMS, business rules included within. This presents a serious problem for modularity and flexibility of the model, because when you want to change a rule that is used in different parts of the model, it would be necessary to change the model at all points where the rule is used. In this paper a proposal to separate business from process model and manage it independently using a business rules engine is done. This involves keeping the business rules in a repository that controls a business rules engine and a technique to invoke the rule from the model. This paper is a contribution to improving the design of existing BPMS that would result in highly flexible business models and modular. Keywords: Business Ruler, Business Process Engine, Business Process, Business Process Model, Business Process Management System (BPMS).

How to Align Software Projects with Business Strategy

2011 ◽  
pp. 258-279
Author(s):  
Gustavo Ricardo Parés Arce
Keyword(s):  
Business Strategy ◽  
Business Models ◽  
New Products ◽  
Investment Decisions ◽  
Geographic Area ◽  
Methodological Framework ◽  
Business Rules ◽  
It Projects ◽  
Software Projects ◽  
Competitive Edge

Small and medium-sized enterprises (SMEs) are facing a great challenge that consists of using all the opportunities technology can offer in order to help improve their productivity, geographical reach, and reinvent or complement their business models. Those companies that are not capable of using technology in order to become more competitive will face new threats because nowadays SME companies need to compete with companies not only in the same geographic area, but also need to compete with new products and services that change business rules faster than ever. The main purpose of this chapter is to provide a methodological framework to promote strategic alignment and improve execution through a better communication and understanding about IT projects that will help entrepreneurs and managers to make better IT investment decisions in order to offer a competitive edge to their companies through a better management of the strategic IT portfolio.

Enhancing RUP Business Model with Client-Oriented Requirements Models

2011 ◽  
pp. 80-115 ◽  
Author(s):  
Maria C. Leonardi
Keyword(s):  
Natural Language ◽  
Business Model ◽  
Business Models ◽  
Use Cases ◽  
Construction Process ◽  
Business Rules ◽  
Stages Of Development ◽  
Business Objects ◽  
Requirements Models

This chapter presents a strategy for the construction of RUP business models using client-oriented requirements models that are written in natural language. The RUP business model, whose objective is to understand the context of the system, is represented with business use cases and a business objects model. As there is no concrete strategy for its development, an integration of client-oriented requirements models and strategies that enhance the construction process of the business model, while keeping the RUP philosophy of using the language of the customer for the first stages of development, are proposed in this chapter. These models describe the context of the system from a different perspective through the use of a lexical model to describe the vocabulary, a model of scenarios to describe the behavior, and a business rules model to describe the policies of the organization. These models are manipulated through a set of heuristics in order to define the UP business model and to enhance traceability between the models. We use a case study to exemplify the strategy throughout the entire chapter.

scholarly journals Constrained Generation Bids in Local Electricity Markets: A Semantic Approach

Energies ◽  
2020 ◽  
Vol 13 (15) ◽  
pp. 3990
Author(s):  
Gabriel Santos ◽  
Pedro Faria ◽  
Zita Vale ◽  
Tiago Pinto ◽  
Juan M. Corchado
Keyword(s):  
Electricity Markets ◽  
Business Models ◽  
Early Stage ◽  
Renewable Energy Sources ◽  
Electric Energy ◽  
Software Tools ◽  
Local Energy ◽  
Business Rules ◽  
Semantic Approach ◽  
Semantic Web Technologies

The worldwide investment in renewable energy sources is leading to the formation of local energy communities in which users can trade electric energy locally. Regulations and the required enablers for effective transactions in this new context are currently being designed. Hence, the development of software tools to support local transactions is still at an early stage and faces the challenge of constant updates to the data models and business rules. The present paper proposes a novel approach for the development of software tools to solve auction-based local electricity markets, considering the special needs of local energy communities. The proposed approach considers constrained bids that can increase the effectiveness of distributed generation use. The proposed method takes advantage of semantic web technologies, in order to provide models with the required dynamism to overcome the issues related to the constant changes in data and business models. Using such techniques allows the system to be agnostic to the data model and business rules. The proposed solution includes the proposed constraints, application ontology, and semantic rule templates. The paper includes a case study based on real data that illustrates the advantages of using the proposed solution in a community with 27 consumers.

An old friend is better than two new ones? Approaches to market research in the context of digital transformation for the antitrust laws enforcement

2020 ◽  
pp. 37-55 ◽  
Author(s):  
A. E. Shastitko ◽  
O. A. Markova
Keyword(s):  
Business Models ◽  
Rapid Development ◽  
Digital Transformation ◽  
Market Definition ◽  
Type I ◽  
Type Ii ◽  
Digital Platforms ◽  
Advantages And Disadvantages ◽  
Pass Through ◽  
Type Ii Errors

Digital transformation has led to changes in business models of traditional players in the existing markets. What is more, new entrants and new markets appeared, in particular platforms and multisided markets. The emergence and rapid development of platforms are caused primarily by the existence of so called indirect network externalities. Regarding to this, a question arises of whether the existing instruments of competition law enforcement and market analysis are still relevant when analyzing markets with digital platforms? This paper aims at discussing advantages and disadvantages of using various tools to define markets with platforms. In particular, we define the features of the SSNIP test when being applyed to markets with platforms. Furthermore, we analyze adjustment in tests for platform market definition in terms of possible type I and type II errors. All in all, it turns out that to reduce the likelihood of type I and type II errors while applying market definition technique to markets with platforms one should consider the type of platform analyzed: transaction platforms without pass-through and non-transaction matching platforms should be tackled as players in a multisided market, whereas non-transaction platforms should be analyzed as players in several interrelated markets. However, if the platform is allowed to adjust prices, there emerges additional challenge that the regulator and companies may manipulate the results of SSNIP test by applying different models of competition.

Pelatihan Business Plan pada UMKM di Desa Koto Rendah Kecamatan Siulak Kabupaten Kerinci

2020 ◽  
Vol 2 (3) ◽  
pp. 129-132
Author(s):  
Musnaini Musnaini ◽  
Besse Wediawati ◽  
Zulfina Adriani ◽  
Rts Ratnawati ◽  
Dessy Elliyana
Keyword(s):  
Business Models ◽  
Joint Venture ◽  
Business Plan ◽  
Agricultural Products ◽  
Knowledge And Skills ◽  
Business Plans ◽  
Medium Enterprises

Usaha Mikro Kecil Menengah (UMKM) yang berada di Desa Koto rendah, Kecamatan Siulak, Kabupaten Kerinci adalah bentuk Kelompok Usaha Bersama (KUBE) dari ibu-ibu rumah tangga yang mempunyai usaha bisnis dalam kuliner, pembibitan, pengolahan hasil pertanian dan perkebunan sekitar yang mereka miliki maupun penduduk setempat. Kegiatan pengabdian ini adalah untuk meningkatkan pengetahuan dan keterampilan mengenai kemampuan untuk melakukan perencanaan bisnis (Business Plan). Selain itu, untuk memberikan peningkatan keterampilan dalam merencanakan bisnis menggunakan bisnis model. Metode yang akan digunakan untuk mencapai tujuan tersebut adalah dengan pelatihan dan pendampingan membuat rencana bisnis dalam lembar kerja bisnis model canvas.Kata Kunci : UMKM, KUBE Business PlanABSTRACTSmall and Medium Enterprises (MSMEs) located in Koto low Village, Siulak Sub-District, Kerinci Regency is a form of Joint Venture Group (KUBE) of housewives who have business ventures in culinary, nursery, processing of agricultural products and plantations. This devotional activity is to improve knowledge and skills regarding the ability to making a Business Plan. In addition, to provide improved skills in businesses plan using business models. The method that will be used to achieve that goal is by training and mentoring business plans in canvas model business worksheets.Kata Kunci : UMKM, KUBE Business Plan

Business Model Literature Overview

2014 ◽  
pp. 79-130 ◽  
Author(s):  
Ales Novak
Keyword(s):  
Business Model ◽  
Financial Reporting ◽  
Business Models ◽  
Potential Role ◽  
Financial Instruments ◽  
Business Logic ◽  
Literature Overview ◽  
Ifrs 9 ◽  
Definition Of

The term ?business model' has recently attracted increased attention in the context of financial reporting and was formally introduced into the IFRS literature when IFRS 9 Financial Instruments was published in November 2009. However, IFRS 9 did not fully define the term ‘business model'. Furthermore, the literature on business models is quite diverse. It has been conducted in largely isolated fashion; therefore, no generally accepted definition of ?business model' has emerged. Therefore, a better understanding of the notion itself should be developed before further investigating its potential role within financial reporting. The aim of this paper is to highlight some of the perceived key themes and to identify other bases for grouping/organizing the literature based on business models. The contributions this paper makes to the literature are twofold: first, it complements previous review papers on business models; second, it contains a clear position on the distinction between the notions of the business model and strategy, which many authors identify as a key element in better explaining and communicating the notion of the business model. In this author's opinion, the term ‘strategy' is a dynamic and forward-looking notion, a sort of directional roadmap for future courses of action, whereas, ‘business model' is a more static notion, reflecting the conceptualisation of the company's underlying core business logic. The conclusion contains the author's thoughts on the role of the business model in financial reporting.

Sign in / Sign up

Export Citation Format

Share Document