An economy (From Greek Political economy is a term used for studying production and trade, and their relations with law, custom, and government, as well as with the distribution of national. Economy. What does 'Economy' mean. Economy is the large set of inter- related production and consumption activities that aid in determining how scarce resources are allocated. This is also known as an economic system. BREAKING DOWN 'Economy'The economy encompasses all activity related to production, consumption and trade of goods and services in an area. The economy applies to everyone from individuals to entities such as corporations and governments. The economy of a particular region or country is governed by its culture, laws, history, and geography, among other factors, and it evolves due to necessity. For this reason, no two economies are the same. Types of Economy. Angola’s Political and Economic Development. Angola, Africa’s top oil producer, is flush with money. Yet wealth remains concentrated in the hands of a very few. Venezuela’s Oil-Based Economy. Venezuela is trying to develop new markets for its oil at a time of increasing friction with its main customer, the United States. Market- based economies allow goods to flow freely through the market, according to supply and demand. This type of economy has a tendency to naturally balance itself: as the prices in one sector for an industry rise due to demand, the money and labor necessary to fill that demand filter to the places where they are needed. Command- based economies are dependent on a central political agent, which controls the price and distribution of goods. Supply and demand cannot play out naturally in this system because it is centrally planned, so imbalances are common. Green economies depend on renewable, sustainable forms of energy. These systems operate with the end goal of cutting carbon emissions, restoring biodiversity, relying on alternative energy sources and generally preserving the environment. This report from the United Nations Environment Program, . The discipline of economics can be broken into two major areas of focus, microeconomics and macroeconomics. Microeconomics studies the behavior of individuals and firms in order to understand why they make the economic decisions they do and how these decisions affect the larger economic system. It focuses on specific industries and markets, rather than on the market as a whole. Macroeconomics, on the other hand, studies the entire economy, focusing on large- scale decisions and issues, including unemployment and gross domestic product (GDP). Macroeconomics can be used on a national scale to a global scale. The Evolution of . He and his contemporaries, believed that economies evolved from pre- historic bartering systems to money and eventually credit- based economies. During the 1. 9th century, technology and the growth of international trade created stronger ties among countries, a process that accelerated into the Great Depression and World War II. After 5. 0 years of the Cold War and the end of the Bretton Woods agreement, the late 2.
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In SAP terminology, a transaction is series of logically connected dialog steps. Can we run business warehouse without SAP R/3 implementation? Yes, you can run business warehouse without R/3 implementation. You have to simply transfer structures associated with business warehouse data sources (ODS table, Infocube) to the inbound data files or use third party tools to connect your flat files and other data sources. Mention what do you mean by datasets? The data sets are sequential files processed on the application server. They are used for file handling in SAP. What are variables? Variables are parameters of a query that are set in the parameter query definition and are not filled with values until the queries are entered into the workbooks. Mention what are the different types of variables? Variables are used in different application Characteristics variable. Hierarchies Hierarchy nodes. Text. Formulas. Processing Types. Replacement Path. User entry/default type. Mention some of the set- backs of SAP? It is expensive. Demands highly trained staff. Lengthy implementation time. Interfaces are a little bit complex. Does not determine where master data resides. Mention where are t- code name and program values stored? Explain how can you find a list of all t- codes in the SAP system? To view transaction table TSTC you can use transaction code st. Mention what is the difference between OLAP and Data Mining? OLAP: OLAP stands for Online Analytical Processing it is a reporting tool configured to understand your database schema, dimensions and composition facts Data Mining: It is an analytic process to explore data in search of consistent patterns or systematic relationship between variables. Mention what are the three stages of data- mining? Three stages of data- mining includes Initial Exploration. Model building. Deployment. Mention what are the different layers in R/3 system? Different layers in R/3 system includes Presentation Layer. Database layer. Application layer. Mention what is the process to create a table in the data dictionary? To create a table in the data dictionary, you have to follow this steps Creating domains (data type, field length, range)Creating data elements (Properties and type for a table field)Creating tables (SE 1. Mention what is AWB? AWB stands for Administrator Workbench. It is a tool for monitoring, controlling and maintaining all the processes connected with data staging and processing in the business information warehousing. Explain what is Bex? Bex means Business Explorer. It allows end user to locate reports, analyze information, view reports and can execute queries. The queries in workbook can be saved to their respective roles in the Bex browser. It has following components Bex analyzer, Bex Map and Bex web. Mention what is the importance of ODS in BIW? An ODS object serves to store debugged and consolidated transaction data on a document level. It defines a consolidated dataset from one or more info- sources. This data- set can be evaluated with a Bex query or Infoset query. The data of an ODS object can be updated with a delta update into Info. Cubes or other ODS object in the same system or across systems. In contrast to multi- dimensional data storage with Info. Cubes, the data in ODS object is stored in transparent, flat database tables. Mention what is the difference between Domain and Data Element? Data Element: It is an intermediate object between domain and table type. Domain: It defines the attributes such as length, type, and possible value range. Mention what are SET parameters and GET parameters? To use parameter IDs, you need to . In the case of the online program, you have to . Mention what is ALE, IDOC, EDI, RFC and explain briefly? ALE: Application Linking enabling. IDOC: Intermediatary documents. EDI: Electronic data interchange. RFC: Remote function call. Mention what is LUW (Logical Unit Of Work)? LUW is a span of time during which database records are updated either commit or rollback. Mention what is BDC stand for? How many methods of BDC are there? BDC stand for Batch Data Communication. The methods of BDC are Direct Input Method. Batch Input Session Method. Call transaction Method. Mention what is meant by a . Usually, it is the document date on the invoice but can also be the date of entry or posting date from the ledger. Mention what do you mean by one- time vendors? In certain industries, it is not possible to create new master records for every vendor trading partner. One- time vendor enables for a dummy vendor code to be used on invoice entry and the information that is normally stored in the vendor master, is keyed on the invoice itself. Mention what are the standard stages of the SAP Payment Run? While executing the SAP Payment Run the standard stages of SAP includes Entering of parameters: It includes entering company codes, vendor accounts, payment methods, etc. Proposal Scheduling: The system proposes list of invoices to be paid. Payment booking: Booking of the actual payments into the ledger. Printing of Payment forms: Printing of payment forms. Mention what is the difference between the . With the partial payment, it offsets the invoice leaving a remaining balance $3. Residual Payment: While in residual payment, invoice A4. Mention what are internal tables, check tables, value tables, and transparent table? It is the standard data type object; it exists only during the runtime of the program. Check the table will be at field level checking. Value table will be at domain level checking. Transparent table will exist with the same structure both in the dictionary as well as in the database exactly with the same data and fields. Mention what is an application, presentation and database servers in SAP R/3? The application layer of a R/3 system is made up of the application server and the message server. Application programs in an R/3 system run on application servers. Using the message server, the application servers communicate with presentation components, the database and also with each other. All the data are stored in a centralized server, which is known as a database server. Explain what is a company in SAP? Company in SAP is the highest organizational unit for which financial statements like profit and loss statements, balance sheets can be drawn according to the requirement of organizations. A single company contains one or many company codes. All the company codes in SAP must use same COA (chart of accounts) and fiscal year. Mention what is the difference between SAP BASIS and SAP ABAP? SAP ABAP is the programming language used within SAP to customize, generate forms, generate reports, etc. While SAP basis is, the administration module of SAP used to control code changes, upgrades, database admin, network setup, etc. List out the different types of the source system in SAP? The different types of the source system in SAP includes SAP R/3 source system. SAP BWFlat files. External Systems. Explain what is Extractor? In the SAP source system, extractors is a data retrieval mechanism. It can fill the extract structure of a data source with the data from the SAP source system datasets. Explain what is extended star schema? The star schema consists of the fact tables and the dimension tables. The master data related tables are kept in separate tables, which has reference to the characteristics in the dimension tables. These separate tables for master data are termed as the Extended Star Schema. Explain what should be the approach for writing a BDC program? The approach to writing BDC program is to Create recording. Convert the legacy system data to a flat file into the internal table referred as ? Business Warehouse uses a data warehouse and OLAP concepts for analyzing and storing data While the R/3 was intended for transaction processing. You can get the same analysis out of R/3, but it would be easier from a BW. Mention the two types of services that are used to deal with communication? |
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