Exam 3: Business Functions and Supply Chains

Intranets help HR managers post position vacancy announcements for employees to peruse and consider from their own PCs.

___________defines the degree to which a goal is achieved.

___________systems are designed to support any and all relationships with customers.

The time between generating an idea for a product and completing a prototype that can be mass-manufactured is known as engineering lead time,or___________ .

___________equips traveling salespeople with information technology to facilitate their productivity.

Enterprise resource planning applications are expensive.

___________specifically refers to the efficiency of human resources.

Shipping is the next link in the supply chain after the completion of the process of marketing products.

The purpose of marketing is to track every financial transaction within a company-from a few cents expenditure to a multimillion-dollar purchase,from salaries and benefits to the sale of every item.

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.

___________are intraorganizational networks that support web applications and help HR managers post position vacancy announcements for employees to peruse and consider from their own PCs.

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

The most important development in hardware to support supply chain management has been a technology called radio frequency identification (RFID).

The goal of___________ is to manage an organization's money as efficiently as possible.

In ___________manufacturing,suppliers ship parts directly to assembly lines,saving the cost of warehousing raw materials,parts,and subassemblies.

The___________ of a specific raw material is the optimal quantity that allows a business to minimize overstocking and save cost,without risking understocking and missing production deadlines.

Enterprise resource planning systems cannot be used for managing daily operations.

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

___________are used to execute transactions in which financial institutions transfer huge amounts of money using electronic funds transfer (EFT).

When a(n) _____ tag is attached to a product,it contains a electronic product code.