MIS OFFICIAL PRACTICE SET

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question
A bill of materials identifies the steps needed to produce a material.
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FALSE
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Under a make-to-order strategy, the production process is triggered by a customer order.
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TRUE
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In the production process, a planned order is used to track the progress of the order.
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FALSE
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The production order is created by the warehouse.
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FALSE
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Procurement, fulfillment, and production are examples of intra-company processes.
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TRUE
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Supply chain management (SCM) and customer relationship management (CRM) are examples of intra-company procceses.
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FALSE
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The integrated process essentially includes all the steps in the fulfillment, procurement, and production processes.
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TRUE
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In the integrated process, the steps related to the production process are suspended when there are insufficient quantities of the needed finished product in stock.
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FALSE
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When using an ES, what is a key tool to review the current status of a specific order?
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Production order status.
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What kind of action involves taking a number of component materials, such as board, nuts and bolts and putting them together to produce the desired finished product, such as a skateboard?
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Assembling.
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What are a few examples of process manufacturing?
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Oil and gas.
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Which department creates the goods receipt?
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Warehouse.
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What is the sequence of activities in the Human Capital Management Process?
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Recruit Employees, Employee On-Boarding, Performance Management, Career Planning, Employee Off-Boarding.
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What are the components of an information system?
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Hardware - desktops, laptops, PDAs Software - operating systems, application programs Data - facts and figures entered into computers Procedures - how the other four components are used People - users, technologists, IS support (How Sodomy Damages Practical People)
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How does one differentiate between low tech and high tech?
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Low tech - using an email program and its addresses because just a small amount of work is being accomplished by a computer system. High tech - implementing a customer support system- a large amount of work is being accomplished by the computer system rather than humans.
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Customer data is an example of master data in ES.
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TRUE
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Dates, times, and locations are examples of organizational data in an ES.
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FALSE
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A packing list is associated with accounting in the procurement process.
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FALSE
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The fulfillment process often begins when a customer sends an inquiry.
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TRUE
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A purchase order is a document that provides details about the materials contained in the shipment.
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FALSE
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Under the term "FOB shipping point," the seller "owns" the material once it is shipped.
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FALSE
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When using an ES, much of the data needed to create a customer invoice is automatically obtained from data previously stored in the system.
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TRUE
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Sell-from-stock involves taking a standard or base model of a product and then configuring it to meet the customer's special needs by adding either special options of add-on parts.
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FALSE
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One purchase requisition can be converted to only one purchase order.
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FALSE
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According to Porter's model, four competitive forces determine industry profitability.
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FALSE
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Professional hockey teams would be an example of a weak threat of new entrants.
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TRUE
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Inbound and outbound logistics are examples of support activities.
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FALSE
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A Purchase Order is an external document.
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TRUE
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An invoice is an internal document.
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FALSE
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Some of the data that is in a Purchase Order is contained in the Sales Order.
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TRUE
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Determining the status of where you are in your process (Does a purchase order exist) is considered instant level information.
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FALSE
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A drill down allows you to obtain more information if desired.
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TRUE
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Procurement Process
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Is triggered when someone in the company determines that a specific quantity of a certain material is needed.
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Service Oriented Architecture (SOA)
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Latest stage in the evolution of enterprise systems.
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Culture
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IS NOT A COMPONENT OF AN INFORMATION SYSTEM.
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In the procurement process, which department creates the Purchase Requisition?
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WAREHOUSE
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What is an information system and what types of information systems are used in business?
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A single processor to filter information and monitor all processes. SAP, Oracle, Excel, Access, etc.
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What are the organizations and functions that make up both information systems and enterprise systems?
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Management Information Systems (prespecified reporting for managers)- management organization, auto-required information Decision Support Systems (interactive decision support)- systems use unstructured data, online, analytical processing, aggregated data to come to a decision, IE: new market? potential customers? expenses? potential income? new product? where to drill? which NBA players to put in game? Executive Information Systems (Information Tailored for Executives)- What is going to be my operating plan? Projections? Market? Product in 5 Years? More complicated models. More projective data. Aggregated data- data over a period time (collected) input can come from transaction level data. How to process? Simple models- addition, subtraction. Users- middle managers. budget? Cost analysis. Inputs (where data originates- information from high value transactions- sales, customer support), processing, outputs, users (professionals within organization- knowledge workers), contract analysis. Processing is a bit more interactive. They can querie. What have costs been with employees in organization over a period of time? Where are sales within 6 months-1 year? Which customers have been lost over a period of time? Best customers?
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What are the disadvantages of an information system typically?
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5 years to reap benefits, very extensive and time-consuming training.
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What is a process?
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-any part of the organization that takes input and transforms them into outputs -converts inputs to ouputs -A process consists of multiple sequential steps or activities that produce some outcome or output.
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Physical Flow
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Activities, data and documents
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What are the the positions and duties of knowledge workers?
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Knowledge workers are Sales executive, production managers, product manager, financial analyst. Must know how to create, acquire, process, synthesize, disseminate, analyze and use information. Non-routine, non-repetitive
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Who are knowledge workers?
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Sales executive, production managers, product manager, financial analyst
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What is knowledge work, etc?
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Knowledge work is non-routine, non repetitive Understand data and impact of work on others and impact of others' work; big picture Key skills Strategic thinking: big picture, process view Information literacy: find and use needed information Communication and collaboration: project teams
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What are task workers and their objectives?
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Task workers: routine, structured tasks Customer service representatives, accounting clerks, insurance claims processor Very narrowly focused
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What is the "Procurement Process?"
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Create Purchase Requisition Create and Sent Purchase Order (PO) Receive Shipment (packing list & good receipts doc) Receive Invoice Send Payment
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What is the "Fulfillment Process?" FOR B2C
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Receive Customer Order Prepare Shipment Send Shipment Send Invoices to Consumer
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Which of the following was the earliest stage in the evolution of enterprise systems? Answer
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Stand-alone mainframe architecture
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Which of the following materials does Super Skateboard Builders (SSB), Inc. NOT make? Answer
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Hooded Sweatshirt
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Which of the following is NOT part of the 3-tier architecture?
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Hardware layer
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Which of the following is the latest stage in the evolution of enterprise systems?
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Service oriented architecture (SOA)
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Which of the following is an example of organizational data?
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Data about Sales Organizations
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Which of the following is an example of master data?
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Data about Customers
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In a manual process, which of the following documents is an itemized list of the materials sent or the services provided to the customer, with the cost of the items plus discounts, taxes, shipping, and other charges?
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Invoice
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Which of the following data is NOT typically found in a quotation?
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Requested delivery date
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In the fulfillment process, which department prepares and sends the shipment?
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Warehouse
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Which of the following data is NOT typically found in a sales order?
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Actual delivery date
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In the fulfillment process, which department receives payment?
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Accounting
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In a manual process, which of the following documents is created by the warehouse when they receive a sales order?
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Picking list
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In a manual process, which of the following documents is used to track the progress of the fulfillment process?
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Sales order
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In a manual process, which of the following documents accompanies the shipment and specifies the items and quantities shipped?
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Packing list
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In the fulfillment process, which department prepares and sends the invoice?
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Accounting
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When using an ES, the person responsible for preparing shipments can retrieve a list of orders that need to be shipped. Such a list is called:
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Delivery due list
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Which of the following data is NOT typically found in a packing list?
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Invoice date
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A company does not have sufficient inventory of materials ordered by a customer. So, it ships what it has now and will ship the remaining at a later date when more materials are available. Which of the following best describes the above scenario?
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Backorder
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Which of the following is the correct order of the Fulfillment Process?
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Receive Customer Inquiry, Receive Customer Purchase Order, Create Sales Order, Prepare and Send Shipment, Create and Send Invoice, Receive Payment
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When using an ES, the person responsible for preparing invoices can retrieve a list of orders that need to be billed. Such a list is called:
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Billing due list
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Which of the following data is NOT typically found in a customer purchase order?
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Storage location
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Which of the following data is NOT typically found in a picking document?
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Price
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What is the purpose of entering the pick quantity for each material on the order?
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Verification that the quantity of materials in the shipment match the quantity on the order
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What is the key piece of data needed to begin the pick and pack step of the fulfillment process?
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Sales Order Number
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Payment terms are declared by the seller at what step?
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Quotation
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In the fulfillment process, which department prepares and sends the quotation?
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Sales
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What information(s) is required to record a goods receipt?
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Storage Location & Quantity
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What are the minimum pieces of information required to create a quotation?
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*Valid-to Date& *Material & *Sold-to Party & *Price
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What document is the only document created by the purchasing department?
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Purchase Order
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Which of the following documents is an agreement to purchase?
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Purchase Order
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In the procurement process, which department creates the Purchase Requisition?
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Warehouse
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In the procurement process, which department creates the Packing List and Goods Receipt Document?
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Warehouse
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A goods receipt does not include which of the following data?
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Price/cost
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A packing list does not include which of the following data?
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Price/cost
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A purchase requisition does not include which of the following data?
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Price/cost
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In the procurement process, which department creates the Purchase Order?
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Purchasing
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In the procurement process, which department receives the invoice and sends the payment?
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Accounting
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A purchase order does not include which of the following data?
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Requisition number
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In the procurement process, which department receives the Purchase Requisition?
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Purchasing
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Which of the following documents is sent to accounting for payment?
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Invoice
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Which of the following documents identifies the material needed, the quantity needed, and the date it is needed?
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Purchase Requisition
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How does the recipient of a shipment know which order the shipment is for? a. by referencing the order number included in the accompanying packing list b. by referencing the order number included in the accompanying purchase order c. by matching the material in the shipment with one of the unfilled purchase orders d. by performing a three-way match of key documents
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By referencing the order number included in the accompanying packing list
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Which of the following is the correct sequence of steps in the Procurement Process? a. Create Requisition, Create & Send PO, Receive Shipment, Receive Invoice, Send Payment b. Create & Send PO, Receive Requisition, Receive Shipment, Receive Invoice, Send Payment c. Create & Send PO, Receive Shipment, Create Requisition, Receive Invoice, Send Payment d. Create Requisition, Create & Send PO, Receive Customer Acknowledgment, Receive Shipment, Receive Invoice
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Create Requisition, Create & Send PO, Receive Shipment, Receive Invoice, Send Payment
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What is the only document where the quantity of the materials is not relevant?
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Payment
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Which of the following documents verifies that the specified goods have been received?
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Goods Receipt Document
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Which of the following is the sequence of activities in the Production Process?
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Request Production, Authorize Production, Issue raw Materials, Create Product, Receive Finished Goods
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_______ provides written authorization to the shop floor to produce the stated quantity of products.
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Production Order
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___________ is taking raw materials, such as plastic pellets, and creating something from them, such as a plate or a cup.
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Manufacturing
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Examples of ___________ are oil and gas.
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process manufacturing
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____________ is the number of skateboards the shop floor can produce in a specified amount of time, such as per hour or per day.
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Production capacity
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Which of the following identifies the part(s) needed to make one unit of a product?
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Bill of material
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_______ is used to request that the company produce a specified quantity of goods.
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Planned Order
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Which department converts the planned order into a production order?
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Production
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When using an ES, which of the following is a key tool to review the current inventory and upcoming productions orders for a specific product?
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Stock requirements list
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Which of the following information is not necessary to process a planned order?
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Production order number
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___________ involves taking a number of component materials, such as a board, nuts and bolts, and putting them together to produce the desired finished product, such as a skateboard.
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Assembling
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The actual task of creating the product is accomplished in the __________.
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Work center
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Which department creates a planned order?
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Warehouse
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____________ includes a list of all the materials needed to produce the quantity of finished goods stated in the production order.
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Material withdrawal slip
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The ____________ is responsible for production in the organization.
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Production controller
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When using an ES, which of the following is a key tool to review the current status of a specific order?
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Production order status
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Which department issues raw materials?
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Warehouse
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Which of the following information is not necessary to process a production order?
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Received by
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Which of the following information is not necessary to process a material withdrawal slip?
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Authorized by
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The integrated process is triggered by which process?
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FULFILLMENT
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Which of the following is the sequence of activities in the Human Capital Management Process?
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Recruit Employees, Employee On-Boarding, Performance Management, Career Planning, Employee Off-Boarding
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Which process must be started if there are not enough finished goods to fulfill a sales order?
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Production Process
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Which of the following is the sequence of activities in the Source-to-Settle Process in SRM?
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Supplier Identification & Selection, Requests for Quotation (RFQ), Manage Auctions & Bidding, Establish & Manage Contracts, Monitor Supplier Relationships
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How can you determine if there are enough finished goods in inventory to fulfill a sales order?
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View the unrestricted stock status for the material
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How can you determine if there is enough raw material in inventory to issue materials to a production order?
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View the unrestricted stock status for the raw material
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Which of the following is the sequence of activities in the Plan-to-Produce Process in SCM?
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Supply Network Forecasting, Demand Planning, Production Capacity Planning, Material Logistics, Production & Material Scheduling
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Once the Production Process is completed, which process resumes?
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Fulfillment Process
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Which process must be started if there are not enough raw materials to complete a production order?
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Procurement Process
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Which of the following is the sequence of activities in the Asset Management Process?
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Acquire Assets, Deploy Assets, Maintain Assets, Asset Accounting, Retire/Replace Assets
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Which of the following is the sequence of activities in the Demand-to-Order Process in CRM?
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Demand Generation, Opportunity Management, Quotations & Bidding, Sales Order Conversion, Customer Service and Support
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Which of the following is the sequence of activities in the Idea-to-Market Process in PLM?
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Idea Sourcing & Management, Project Management, Document Management, Quality Assurance & Testing, New Product Introduction
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Functional Information Systems only support the activities of specific areas of the business.
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TRUE
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Knowledge workers are those who work in information systems departments of global companies.
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FALSE
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People in organizations are NOT becoming more dependent on information.
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FALSE
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All of the following are disadvantages of a paper-based process EXCEPT?
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The silo effect
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The information revolution has NOT had a very limited role in globalization.
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TRUE
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Which is NOT a skill of a knowledge worker?
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Business competency
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Information and communication technologies help organizations coordinate their global operations.
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TRUE
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From the sidebar cases in Essentials of "Business" by Magal, which company produces make-to-order goods, meaning they assemble products only after receiving a customer order?
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Dell
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Knowledge workers exist in all parts of an organization.
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TRUE
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Due to globalization, organizations often locate parts of their operations in different countries.
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TRUE
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Which activity would likely be performed by a knowledge worker?
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Deciding whether to outsource manufacturing.
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If the silo effect is a consequence, why do companies organize by business function?
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Because specialization allows companies to be more efficient.
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Why do we study the global competitive environment?
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Because doing business globally can provide access to cheaper resources which reduce costs and increase the number of potential customers which increases sales.
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One consequence of globalization is increased competition.
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TRUE
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Which of the following is (are) disadvantage(s) of a paper-based process? A. Lack of Visibility B. delays C. excess inventory D. All of the above
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All of the above
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From the sidebar cases in Essentials of "Business" by Magal, which company produces make- to-order goods, meaning they assemble products only after receiving a customer order? a. Dell b. Apple c. Nike d. Cisco
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Dell
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Select the most accurate statement a. Lead time is the amount of time between placing a PO and receiving goods. b. Cycle time is similar but measures the time to complete the fulfillment process. c. Both the above are true. d. Neither of the above are true.
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Both Lead time is the amount of time between placing a PO and receiving goods. & Cycle time is similar but measures the time to complete the fulfillment process.
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Why do we study the global competitive environment? a. Because doing business globally can provide access to cheaper resources which reduce costs and increase the number of potential customers which increases sales. b. Because outsourcing is making manufacturing in the U.S. a thing of the past. c. Because, as a knowledge worker, I'll probably be required to work overseas someday. d. Because MIS is difficult to understand without it.
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Because doing business globally can provide access to cheaper resources which reduce costs and increase the number of potential customers which increases sales.
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According to "Essentials of Business" by Magal, why did Apple Inc. decide to have its products made by an outside contract manufacturer? a. So it could stick to its core competency of designing easy-to-use and engaging hardware and software products. b. Because the contract manufacturer used cheaper labor which allowed Apple to cut costs and increase profits. c. Because the theories of globalization suggested it was a good strategy. d. To provide a higher quality product.
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So it could stick to its core competency of designing easy-to-use and engaging hardware and software products.
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Which of the following processes involves making products in-house?
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Production Process
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Which of the following processes is triggered when someone in the company determines that a specific quantity of a certain material is needed?
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Procurement Process
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__________ can also be referred to as a profit and loss (P&L) statement.
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Income Statement
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A sequence of tasks or activities that takes a set of inputs and converts them into desired outputs is called:
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A business process
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The silo effect refers to be losing sight of the big picture of the process and being narrowly focused on a task.
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TRUE
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The silo effect refers to the integrated and the cross-functional nature of business processes.
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FALSE
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In a manual (paper-based) process, information is communicated between functional areas using an enterprise system.
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FALSE
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Task workers perform routine, well defined work.
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TRUE
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Unstructured information is well defined and its source is known.
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FALSE
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Structured information is well defined and its source is known.
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TRUE
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People in organizations are becoming more dependent on information.
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TRUE
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The information revolution has a very limited role in globalization
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FALSE
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The information revolution refers to the increased use of communication and computer technologies to create, deliver, and use information.
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TRUE
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Due to globalization, organizations tend to locate their operations in one country.
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FALSE
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Vendor data is an example master data in an ES.
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TRUE
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Vendor data is an example of organizational data in an ES.
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FALSE
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Customer data is an example of transaction data in an ES.
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FALSE
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PLM systems are concerned with managing a product's life cycle.
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TRUE
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PLM systems are concerned with purchasing materials from suppliers.
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FALSE
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CRM systems link a company with its customers.
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TRUE
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CRM systems link a company with its suppliers.
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FALSE
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SRM systems are intra-organizational systems.
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FALSE
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CRM systems are intra-organizational systems. False
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FALSE
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In the client server architecture the data, applications and presentation are all included in one system.
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FALSE
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Which of the following documents informs about the contents in a shipment?
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Packing List
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An invoice does not include which of the following data?
answer
Requested delivery date
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Payment terms are declared on what document?
answer
Purchase Order
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Which of the following factors determines the structure, features, and functions of an information system used in a company?
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The competitive strategy
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According to Porter's five forces model, which of the following firms would be least affected by the threat of substitutes?
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A firm that sells the only drug for a disease
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Bargaining power of customers is likely to be the highest for markets involving ________.
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Industrial products
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An automobile company decides to improve the quality of all its products and bring more variety into its product line. The company has decided to adopt ________.
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Industry-wide differentiation
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A retail company sells products such as agricultural produce and consumer products. The company procures materials from farmers and local producers. This process of obtaining the inputs needed for a business is called ________.
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Inbound logistics
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Lynn, the manager of a transportation company, is goes through the week's delivery schedule. She calls her team and assigns territories for each executive. She contacts the fleet supervisor to arrange trucks for transportation. Which activity of the value chain is Lynn executing?
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Outbound logistics
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Which of the following principles of competitive advantage is associated with product implementations?
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Differentiating service offerings
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Locking in customers by making it difficult or expensive for customers to move to another product is called establishing high ________.
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Switching costs
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Which of the following principles of competitive advantage is related to process implementations?
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Raising the barriers to market entry
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Which of the following is an example of organizational data? Data about:
answer
Sales organizations
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Which of the following materials does Super Skateboard Builders (SSB), Inc. NOT make?
answer
HOODED SWEATSHIRT
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In the client server architecture the data, applications and presentation are all included in one system.
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FALSE
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CRM systems are intra-organizational systems
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FALSE
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CRM systems link a company with its customers
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TRUE
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PLM systems are concerned with purchasing materials from suppliers
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FALSE
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SRM systems are intra-organizational systems
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FALSE
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Dates, times, and locations are examples of transaction data in an ES.
answer
TRUE
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