Exam 3: Business Functions and Supply Chains

____________________ improves when fewer workers are required to produce the same amount of output.

____ specifically refers to the efficiency of human resources.

One common use for a CMS is to execute cash transactions in which financial institutions transfer huge amounts of money using ____________________.

ERP applications are expensive.

What difficulties do organizations face for implementing an enterprise resource planning (ERP)system?

The process of a group of colleagues meeting and working collaboratively to generate creative solutions and new ideas is known as ____.

____________________ systems are designed to support any and all relationships with customers.

____ is determined by the relationship between resources expended and the benefits gained in achieving a goal.

What are the phases of a supply chain?

Ideally,the ISs of manufacturing organizations and their suppliers would be linked in a way that makes them subsystems of one large system.

With newer technology,such as RFID,you will be aware of who and when information is collected about you.

____,used to accumulate data about costs involved in producing specific products,make excellent use of IT to compile pricing data.

Systems that deal specifically with cash are often called ____.

When a pattern of defects is discovered in a product,____________________ helps pinpoint the plant at which it was produced and the particular lot from which it came.

____________________ refers to creating one-of-a-kind products to test design in three dimensions.

A(n)____ tag can include the date of manufacturing,the plant in which the product was made,lot number,expiration date,destination,and many other details that help track its movement and sale.

Serving customers better and faster,as well as learning more about their experiences and preferences,is facilitated by decision support systems (DSSs).

When the process of marketing products is complete,the next link in the supply chain is shipping.

The FAQ pages of many companies have been replaced with options for ____; instead of looking up a question that is similar to what you would ask,you can simply type in your question.

Automating the personnel selection process significantly minimizes time and money spent on recruitment and does not even require that a current database be maintained.