Exam 8: Enterprise Applications: Business Communications

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What helps organizations reduce their investment in inventory while improving customer satisfaction through product availability?

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Interactive voice response directs customers to use touch-tone phones or keywords to navigate or provide information.

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What can effective and efficient supply chain management systems enable an organization to accomplish?

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Which of the following is not one of the five basic components of supply chain management?

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Which activities do production and materials management components perform?

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In the basic supply chain,return refers to prepare to manage all resources required to meet demands.

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Radio-frequency identification (RFID)uses electronic tags and labels to identify objects wirelessly over short distances.

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The bullwhip effect is a standard format for the electronic exchange of information between supply chain participants.

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What is interactive voice response (IVR)?

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Procurement is the purchasing of goods and services to meet the needs of the supply chain.

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Eprocurement is the business-to-business (B2B)online purchase and sale of supplies and services.

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Selling chain management applies technology to the activities in the order life cycle from inquiry to sale.

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A forward integration takes information entered into a given system and sends it automatically to all upstream systems and processes.

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A drone is an unmanned aircraft that can fly autonomously,or without a human.Amazon.com is piloting drone aircraft for package deliveries.

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Identify the core and extended areas of enterprise resource planning.

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Who are the primary users of ERP systems?

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Information technology's primary role in supply chain management is creating the integrations or tight process and information linkages between functions within a firm-such as marketing,sales,finance,manufacturing,and distribution-and between firms.

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Core ERP components are the traditional components included in most ERP systems and primarily focus on internal operations.

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Which of the following is a component ERP vendors offer to differentiate themselves in the marketplace?

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Balanced scorecard is a management system,as well as a measurement system,that a firm uses to translate business strategies into executable tasks.

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