Exam 19: Managing the Value Chain, Information Technology, and E-Business

A blog is online interaction in a community format where people share personal information and photos, produce and share all sorts of information and opinions, or unify activists and raise funds.

Data that are converted into meaningful and useful context for the receiver are called information.

A Web log that allows individuals to post opinions and ideas is called a blog.

Social networking is online interaction in a community format where people share personal information and photos, produce and share all sorts of information and opinions, or unify activists and raise funds.

Which of the following statements about inventory is NOT true?

A facilities layout in which machines and tasks are arranged according to the sequence of steps in the production of a single product is called a(n) ____________________ layout.

____________________ systems are designed to reduce the level of an organization's inventory to zero.

A(n) ____________________ is a system that pulls data from a variety of organizational systems and databases; gauges the data against key performance metrics; pulls out the right nuggets of information; and delivers information to managers in a graphical, easy-to-interpret format.

More than one-half of all businesses, today, are service organizations and one-third of the U.S. workforce is employed in services.

The fixed-position layout is necessary for

____________________ inventory includes the materials moving through the stages of the production process that are not completed products.

With integration, more companies are opting for a(n) ____________________ approach, which involves cultivating intimate relationships with a few carefully selected suppliers and collaborating closely to coordinate tasks that benefit both parties.

The ____________________ layout is one in which the product remains in one location, and tasks and equipment are brought to it.

____ is the field of management that specializes in the physical production of goods or services, according to your textbook.

Flour, sugar, and baking soda are ____ for a bakery.

____ file sharing allows PCs to communicate directly with one another over the Internet, bypassing central databases, servers, and Web pages.

____________________ is a Web site that allows anyone with access, inside or outside the organization, to create, share, and edit content through a simple, browser-based user interface.

____________________ refers to business exchanges that occur electronically.

____________________ manufacturing is a manufacturing process using highly trained employees at every stage of the production process to cut waste and improve quality.

The use of a huge database that combines all of a company's data and allows users to access the data directly, create reports and obtain answers to what-if questions are known customer relationship management systems.