Exam 2: Logistics and Information Technology

The attractiveness of enterprise resource planning (ERP)systems comes from their potential for lower costs as well as increased productivity and customer satisfaction.

___________ has been identified as the biggest information technology challenge that companies face today.

One reason for the popularity of on-demand software is that is pay-per-use formula allows customers to avoid high capital investment costs.

Information technology should be regarded as a tool to help managers address organizational problems.

Which of the following statements is false?

Transportation companies that have implemented global positioning systems (GPS)have reported increased worker productivity,reduced operating costs,and improved customer relations.

The Internet of things (IoT)refers to the sensors and data-communication technology that is built into physical objects that enables them to be tracked and controlled over the Internet.

In a reverse auction,one seller invites bids from multiple buyers.

"Data" and "information" are synonymous terms.

The most popular automatic identification system currently in use is ___________.

Electronic data interchange (EDI)is an example of a logistics-related transaction processing system.