Exam 5: Information Systems for the Enterprise

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The first step in the successful management of a next-generation supply chain is ________.

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How does integration of components in a financial management system lead to paperless workflows?

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Attracting new customers is often more difficult and expensive than retaining existing ones.

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Sam, the CEO of a product development company, is planning to implement an ERP system in his company. However, most of his colleagues advise him against implementing such a system saying that such systems have more weaknesses than strengths. Why should Sam still go ahead with the implementation?

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Why do companies use electronic data interchange? What are its advantages and disadvantages?

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Software used as a bridge to integrate separate information systems and synchronize data across multiple systems is referred to as ________.

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Which of the following supply chain management software is used to manage and optimize inventories, space allocation, shipments, and cross-docking?

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The goal of using XBRL in compliance reporting is to ________.

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________ are attached to packages or crates and can transmit data as they pass by readers at seaports, railway stations, or warehouses.

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Which of the following modules of the human capital management systems encourages interactions through wikis and blogs?

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Locations communicated through GPS are accurate within no less than a few kilometers.

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The advantage of using a suite with synchronized modules is that ________.

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________ encompasses the strategies, processes, and information systems that an organization uses to build and maintain relationships with the current and prospective users of its products or services.

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Fuel prices affect supply chains.

(True/False)
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________ describes how easily managers can track timely and accurate supply chain metrics.

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Which of the following is the central element of the human capital management (HCM)information system?

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An electronic bridge between partner companies in a supply chain that is used to transmit real-time information about orders, inventories, invoices, and other data is called ________.

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Proactive live chats on websites in the customer support context offer considerable savings.

(True/False)
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Which of the following requires application suites with synchronized modules?

(Multiple Choice)
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Companies pay subscription fees to access a vendor's software in the cloud, via the web, in the case of ________.

(Multiple Choice)
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