INTRO Flashcards

(35 cards)

1
Q

It is the structured framework of rules and processes that dictate how a business functions. It translates real-world business rules into systematic operations, guiding decision-making, workflow automation, and problem- solving.

A

Business logic

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

It translates real-world business rules into
1.
2.
3.
4.

A
  1. systematic operations,
  2. guiding decision-making,
  3. workflow automation,
  4. and problem- solving.
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

In the Philippines, businesses across industries—retail, finance, logistics, and even small enterprises—rely on business logic to ________ and ______

A

streamline operations, data-driven decisions.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

T or F?

In the Philippines, businesses across industries—retail, finance, logistics, and even small enterprises—rely on business logic to streamline operations and make data-driven decisions.

A

T

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

T or F?
Small enterprise and sari-sari store does not rely on business logic.

A

F

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

From local sari-sari stores to large corporations like
Jollibee, BDO, and Lazada, structured business logic______, ________ , and _______.

A

ensures efficiency, profitability, customer satisfaction

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Importance of Business Logic

A
  1. Improves Decision-Making
  2. Enhances Efficiency
  3. Ensures Consistency
  4. Supports Scalability
  5. Reduces Risks
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Provides a logical framework for analyzing problems and making strategic decisions.

A

Improves Decision-Making

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Streamlines business processes, reducing errors and redundancies.

A

Enhances Efficiency

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Maintains uniformity in business operations across different departments

A

Ensures Consistency

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Helps businesses grow by defining rules that can be automated and adapted.

A

Supports Scalability

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Identifies potential issues through logical analysis and predictive modeling.

A

Reduces Risks

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Business Logic in Action:

Philippine banks and fintech platforms like BDO, GCash, and Maya use business logic to
process financial transactions.

If a customer deposits money via a mobile app, business logic verifies the transaction, checks
account limits, and updates the balance in real time.

Automated fraud detection systems apply business rules to flag suspicious transactions, such
as multiple large withdrawals within minutes.

Why It’s Important:

A

• Ensures transaction security and compliance with Bangko Sentral ng Pilipinas (BSP)
regulations.
• Prevents unauthorized transactions, enhancing customer trust.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Business Logic in Action:

Jollibee’s mobile app uses business logic to process orders.

If a customer orders Chickenjoy for delivery, the app applies rules like checking store
availability, estimated cooking time, and nearest delivery riders.

Discounts and promos (e.g., “Spend ₱500 and get ₱50 off”) are applied using rule-based automation.

Why It’s Important:

A
  1. Reduces errors in manual ordering and ensures a smooth customer experience.
  2. Optimizes inventory management by automatically deducting sold items from stock levels.
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

It is a structured approach to analyzing situations, solving problems, and making sound business decisions. It involves evaluating information, identifying patterns, and applying logic to arrive at rational conclusions.

A

Logical reasoning

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Logical reasoning involves
1.
2.
3.

A

evaluating information, identifying patterns, and applying logic to arrive at rational conclusions.

17
Q

Types of Logical Reasoning in Business

A

1.Deductive Reasoning
2.Inductive Reasoning

18
Q

Using general principles to derive specific conclusions (e.g., “All high-quality products have strong customer demand. Our product is high-quality; therefore, it will have strong demand.”).

A

Deductive Reasoning

19
Q

Drawing general conclusions from specific observations (e.g.,”Over the past three months, customers have preferred eco-friendly packaging. It is likely that eco-friendly packaging will continue to be in demand.”).

A

Inductive Reasoning:

21
Q

Scenario:
• SM management observes that holiday seasons drive more foot traffic and sales.
• They use this knowledge to increase mall operating hours, offer Christmas
promotions, and expand inventory during peak seasons.
• Conclusion:

A

Deductive Reasoning Example

Conclusion: Since past trends show increased customer visits, increasing
operational capacity is expected to boost sales.

22
Q

Scenario:
• A café in Baguio City notices that most tourists order hot chocolate and local Arabica coffee
during the cold months.
• After gathering customer data, they introduce a special winter menu with more hot drinks and
Filipino delicacies like bibingka and puto bumbong.
• Conclusion:

A

Inductive Reasoning Example:

• Conclusion: Since customers prefer warm drinks in cold weather, it is likely that a
winter menu will drive sales

23
Q

Automation and artificial intelligence (AI) rely on business logic to ___________ and _______

A

execute tasks efficiently, make intelligent decisions.

24
Q

Business logic provides the foundation for
1.
2.
3.

A
  1. automated workflows
  2. machine learning models,
  3. decision-support systems.
25
Key Roles of Business Logic in Automation and AI:
• Automating Repetitive Tasks: Business rules help automate routine processes like invoicing, customer support, and supply chain management. • Enhancing AI Decision-Making: AI models use business logic to analyze data, detect trends, and make predictions. • Optimizing Business Processes: Automation tools apply logical frameworks to improve efficiency and reduce operational costs. • Ensuring Compliance and Accuracy: Business logic enforces regulatory requirements and ensures consistency in AI-driven decisions.
26
Business rules help automate routine processes like invoicing, customer support, and supply chain management.
• Automating Repetitive Tasks
27
AI models use business logic to analyze data, detect trends, and make predictions.
Enhancing AI Decision-Making
28
Automation tools apply logical frameworks to improve efficiency and reduce operational costs.
• Optimizing Business Processes
29
Business logic enforces regulatory requirements and ensures consistency in AI-driven decisions.
• Ensuring Compliance and Accuracy
30
Automated Loan Approvals (GCash’s GLoan, CIMB Bank, UnionBank) • Business Logic in Action: • When a customer applies for a loan via GCash’s GLoan or CIMB Bank, the system evaluates their creditworthiness. • Business rules check factors like transaction history, salary deposits, and credit score before approving or rejecting the application • Outcome:
• Outcome: • Faster loan approvals compared to traditional banks. • Reduces the risk of lending to customers with a history of non-payment.
31
AI-Driven Logistics (J&T Express, Lalamove, Shopee Xpress) • Business Logic in Action: • Lalamove uses AI and business logic to assign deliveries to nearby riders. • Factors considered: distance, traffic conditions, rider availability, and package size. • The app automatically calculates the fastest delivery route and optimal rider assignment. • Outcome:
• Speeds up delivery time and reduces operational costs. • Ensures customers receive their parcels efficiently.
32
Smart Inventory Management in Supermarkets (Puregold, Robinsons Supermarket) • Business Logic in Action: • Puregold uses inventory management systems that automatically reorder stocks when supply runs low. • If stock levels of Lucky Me! Pancit Canton go below 50 packs, the system triggers a reorder request to suppliers. • Expiry dates are tracked, and soon-to-expire products are discounted. • Outcome:
• Reduces out-of-stock situations and prevents overstocking. • Minimizes food waste by selling near-expiry items at a discount.
33
T or F? Business logic is not deeply embedded in Philippine businesses, from small sari-sari stores to giant corporations.
F. Business logic is deeply embedded in Philippine businesses, from small sari-sari stores to giant corporations.
34
T or F? Whether through logical reasoning in decision-making or automation in banking, retail, and logistics, business logic plays a crucial role in improving efficiency, customer satisfaction, and profitability.
T
35
T or F? As Philippine businesses continue to embrace digital transformation, leveraging business logic will be key to staying competitive in a rapidly evolving market.
T