Question 1

Give some examples of Marketing and Sales in a small business such as a coffee shop or some other simple example.

Accepted Answer

For the most part,this is a cash business and does not require formal record keeping,but you still need to keep track of your customers so that you can send flyers to repeat customers or send occasional thank you notes.Thus,your records must show not only the amount of sales,but also must identify repeat customers.
Product development can be done informally in such a simple business; you gather information about who buys which kind of lemonade and note what customers say about each product.You also analyze historical sales records to spot trends that are not obvious.

Question 2

____________________ programs are core software used by companies to coordinate information in every area of the business.

Accepted Answer

Enterprise Resource Planning
ERP
Enterprise Resource Planning (ERP)
ERP (Enterprise Resource Planning)

Question 3

When manufacturing runs out of raw material,it is known as a(n):

Accepted Answer

A) shortfall 
B) empty shelf 
C) depletion 
D) stockout 
A) shortfall 
B) empty shelf 
C) depletion 
D) stockout D

Question 4

Which of the following outputs would emerge from the Accounting and Finance functional area?

Accepted Answer

A) Packaging orders 
B) Sales strategy 
C) Regulation compliance 
D) Financial reports 
A) Packaging orders 
B) Sales strategy 
C) Regulation compliance 
D) Financial reports

Question 5

What are integrated information systems?

Accepted Answer

Sharing data effectively and efficiently

Question 6

____ can result in management overinvesting in inventory.

Accepted Answer

A) Bulging raw materials 
B) Stockup 
C) Safety stock 
D) Excess baggage 
A) Bulging raw materials 
B) Stockup 
C) Safety stock 
D) Excess baggage

Question 7

Sales forecasts are historical records of sales.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following is an input to HR?

Accepted Answer

A) Personnel forecasts 
B) Sales data 
C) Layoff and recall company policy 
D) Travel expense company policy 
A) Personnel forecasts 
B) Sales data 
C) Layoff and recall company policy 
D) Travel expense company policy

Question 9

Information systems that are designed so functional areas share data are called integrated information systems.

Accepted Answer

A) True 
 B)False

Question 10

Information systems designed so that functional areas share data are called ____________________.

Accepted Answer

integrated informati

Question 11

Estimates of future product demand,which are the amount of a product that customers will want to buy,are called:

Accepted Answer

A) sales forecasts 
B) sales divining 
C) sales diving 
D) sales deriving 
A) sales forecasts 
B) sales divining 
C) sales diving 
D) sales deriving

Question 12

Describe the difference between functional areas of operation and business processes.Give an example of a business process.

Accepted Answer

Most companies have four main functional

Question 13

Which of the following is an input to the Marketing and Sales functional area?

Accepted Answer

A) Production plans 
B) Raw material orders 
C) Per-unit cost 
D) Accounts payable data 
A) Production plans 
B) Raw material orders 
C) Per-unit cost 
D) Accounts payable data

Question 14

One of the four functional areas of operation is Human Resources (HR).

Accepted Answer

A) True 
 B)False

Question 15

What are the computers,people,procedures,and software that store,organize,and deliver information in an organization?

Accepted Answer

A) The CPU 
B) The Process System 
C) Information systems 
D) Personnel systems 
A) The CPU 
B) The Process System 
C) Information systems 
D) Personnel systems

Question 16

When manufacturing runs out of raw materials,it's known as a stockout.

Accepted Answer

A) True 
 B)False

Question 17

The business functions of financial accounting,cost allocation and control,planning and budgeting,and cash-flow management take place in the ____________________ functional area of operation.

Accepted Answer

Accounting and Finan

Question 18

Which of the following is a functional area of operation?

Accepted Answer

A) Packaging 
B) Supply Chain Management 
C) Shipping 
D) Baking 
A) Packaging 
B) Supply Chain Management 
C) Shipping 
D) Baking

Question 19

A(n)____________________ includes the computers,people,procedures,and software that store,organize,and deliver information.

Accepted Answer

information system
I

Question 20

Information systems that can be designed so that functional areas of operation share data are called:

Accepted Answer

A) integrated information systems 
B) complete information systems 
C) non-middleware information systems 
D) linked information systems 
A) integrated information systems 
B) complete information systems 
C) non-middleware information systems 
D) linked information systems

Give some examples of Marketing and Sales in a small business such as a coffee shop or some other simple example.

____________________ programs are core software used by companies to coordinate information in every area of the business.

When manufacturing runs out of raw material,it is known as a(n):

Which of the following outputs would emerge from the Accounting and Finance functional area?

What are integrated information systems?

____ can result in management overinvesting in inventory.

Sales forecasts are historical records of sales.

Which of the following is an input to HR?

Information systems that are designed so functional areas share data are called integrated information systems.

Information systems designed so that functional areas share data are called ____________________.

Estimates of future product demand,which are the amount of a product that customers will want to buy,are called:

Describe the difference between functional areas of operation and business processes.Give an example of a business process.

Which of the following is an input to the Marketing and Sales functional area?

One of the four functional areas of operation is Human Resources (HR).

What are the computers,people,procedures,and software that store,organize,and deliver information in an organization?

When manufacturing runs out of raw materials,it's known as a stockout.

The business functions of financial accounting,cost allocation and control,planning and budgeting,and cash-flow management take place in the ____________________ functional area of operation.

Which of the following is a functional area of operation?

A(n)____________________ includes the computers,people,procedures,and software that store,organize,and deliver information.

Information systems that can be designed so that functional areas of operation share data are called:

The Development of Enterprise Resource Planning Systems

Marketing Information Systems and the Sales Order Process

Production and Supply Chain Management Information Systems

Accounting in Erp Systems

Human Resources Processes With Erp

Process Modeling, process Improvement, and ERP Implementation

RFID, business Intelligence Bi, mobile Computing, and the Cloud

Filters

Exam 1: Business Functions and Business Processes

Give some examples of Marketing and Sales in a small business such as a coffee shop or some other simple example.

____________________ programs are core software used by companies to coordinate information in every area of the business.

When manufacturing runs out of raw material,it is known as a(n):

Which of the following outputs would emerge from the Accounting and Finance functional area?

What are integrated information systems?

____ can result in management overinvesting in inventory.

Sales forecasts are historical records of sales.

Which of the following is an input to HR?

Information systems that are designed so functional areas share data are called integrated information systems.

Information systems designed so that functional areas share data are called ____________________.

Estimates of future product demand,which are the amount of a product that customers will want to buy,are called:

Describe the difference between functional areas of operation and business processes.Give an example of a business process.

Which of the following is an input to the Marketing and Sales functional area?

One of the four functional areas of operation is Human Resources (HR).

What are the computers,people,procedures,and software that store,organize,and deliver information in an organization?

When manufacturing runs out of raw materials,it's known as a stockout.

The business functions of financial accounting,cost allocation and control,planning and budgeting,and cash-flow management take place in the ____________________ functional area of operation.

Which of the following is a functional area of operation?

A(n)____________________ includes the computers,people,procedures,and software that store,organize,and deliver information.

Information systems that can be designed so that functional areas of operation share data are called:

The Development of Enterprise Resource Planning Systems

Marketing Information Systems and the Sales Order Process

Production and Supply Chain Management Information Systems

Accounting in Erp Systems

Human Resources Processes With Erp

Process Modeling, process Improvement, and ERP Implementation

RFID, business Intelligence Bi, mobile Computing, and the Cloud

Filters