Exam 11: Enterprise Systems

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In the context of Internet-enabled supply chain management (SCM),bargaining and renegotiating prices and term agreements are part of _____ activities.

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In a supply chain management (SCM)system,transmitting documents across the Internet involves lower security risks than traditional electronic data interchange (EDI).

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False

Knowledge management draws on concepts of organizational learning and organizational culture.

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Describe five ways in which e-marketplaces help businesses maintain a competitive edge.

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In service organizations,what is considered to be one of the major links in the supply chain?

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List the processes in which electronic data interchange (EDI)expedites the delivery of accurate information.

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Why and through what means must a knowledge management system encourage open communication and the exchange of ideas?

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In general,the best way to gather tacit knowledge is interactively,such as interviewing an employee with specific questions about how he or she would handle an issue.

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Which of the following statements is true of collaborative planning,forecasting,and replenishment (CPFR)?

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What are third-party exchanges?

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An online auction is based on the _____ business model of e-commerce.

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Identify an auction in which companies invite sellers to submit bids for products and services.

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One of the disadvantages of an e-marketplace is that it provides a single platform for prices that is not accessible to all participants.

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With a structured process of sharing information among supply chain members,retailers can compare customer demands or sales forecasts with a manufacturer's order forecast.

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Explain how a customer relationship management (CRM)aids organizations in marketing.

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In the context of personalization technology,what is the drawback of collaborative filtering (CF)?

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Which of the following is considered to be a key decision in supply chain management (SCM)related to manufacturing?

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In Internet-enabled supply chain management (SCM),the customer service function includes responding to customers' complaints,issuing notifications (such as product recalls),and providing around-the-clock customer service.

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In a manufacturing firm,management activities in the information flow area of the supply chain management (SCM)system consist of handling credit terms,payment schedules,and consignment and title ownership arrangements.

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One drawback of a well-designed enterprise resource planning (ERP)system is an increase in inventory costs.

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