Business processes

Business processes and finance operating model within the Domestic arena...means what..? Please explain

Questions by SonaliB   answers by SonaliB

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  • Oct 12th, 2008

Ok. It seems that you are working for some Indian company.

Domestic arena means within India or US wherever. The opposit of domestic is international. So international arena means that the software may be installed worldwide and needs to be made effective from respective country's norms and international norms.

Business process and finance operating model:

Seems that the company is engaged in banking and/or capital market/ mutual fund industry.

Business process here would mean that whatever the company is doing the process flow of the same. Finance operating model would probably mean that company want the software to project existing-future profit/loss etc.

So in a nutshell it all means The business flow of the company and its ability to forecast profit/loss whithin that country's laws/accounting standards.

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