Exam 9: Enterprise Systems

_____ involves capturing and gathering all data necessary to complete the processing of transactions.

An important step in processing transaction data is to check data for validity and completeness, a task called data correction.

In the context of enterprise resource planning (ERP) system, a(n) _____ is a set of coordinated and related activities that takes one or more types of input and creates an output of value to the customer of that process.

_____includes the planning, executing, and controlling of all activities involved in raw material sourcing and procurement, converting raw materials to finished products, and the warehousing and delivering finished product to customers.

With _____, each transaction is processed immediately without the delay of accumulating transactions into a batch.

Many organizations employ _____, which capture and process the detailed data necessary to update records about the fundamental business operations of an organization.

Which of the following can help avoid common causes for failed enterprise system implementations?

Why are small and medium-sized enterprises (SMEs) interested in trying the hosted software model?

Manufacturing enterprise resource planning (ERP) systems follow a systemic process for developing a production plan that starts with _______ to develop an estimate of future customer demand.

Small and medium-sized enterprises (SMEs) are too small to achieve substantial business benefits from the implementation of an enterprise resource planning (ERP) system.

Payroll transactions and billing are typically done via _____.

_____ is the use of software to control machine tools and related machinery in the manufacture of components and products.

In the context of supply chain management (SCM), the _____ takes demand and current inventory levels into account and determines the specific product items that need to be produced as well as when to meet the forecast future demand.

Enterprise resource planning (ERP) systems operate via an integrated database, using one set of data to support all business functions.

In a manufacturing enterprise resource planning (ERP) system, _____ refines a production plan by determining the amount of weekly or daily production needed to meet the demand for individual products.

Many business application software vendors are pushing the use of _____ for small and medium-sized enterprise (SME) to help customers acquire, use, and benefit from new technology while avoiding much of the associated complexity and high start-up costs.

Which of the following types of processing is essential for businesses that require access to current data such as airlines, ticket agencies, and stock investment firms?

Using the hosted software model implies that a small business firm needs to employ a full-time IT person to maintain key business applications.

The bill of materials (BOM) serves as a recipe of ingredients needed to make each item an organization manufactures.

Customer support, sales management, and contact management are key features of a customer relationship management (CRM) system.