Exam 10: Enterprise Information Systems

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Why does a functioning KMS have a cyclical life cycle?

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Lessons learned from ERP failures include each of the following except:

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KM systems are developed using communication and collaboration,and storage and retrieval technologies.

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Attracting and acquiring new customers is estimated to costs banks roughly __________ per new customer.

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What is the first step toward becoming an agile manufacturer?

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__________ connect the ERP in the enterprise to external business partners.

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The payoff from the implementation of an SAP ERP at Under Armour was an increase in its top line--growth in sales--and bottom line--growth in net income.

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The greatest challenges when implementing enterprise systems are due to _____.

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A limitation of enterprise systems is that finance processes cannot be totally automated.

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Enterprise systems help managers and companies improve their performance by enabling them to __________.

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__________ are interactive and help employees find and connect with colleagues who possess the expertise required for specific problems-whether they are across the country or across the room- to solve specific,critical business problems quickly.

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With __________ systems,suppliers and retailers collaborate in planning and demand forecasting in order to ensure that members of the supply chain will have the right amount of raw materials and finished goods when they need them.

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Prior to selecting and implementing an ERP or other enterprise system,it's essential that a company identify the _____.

(Multiple Choice)
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The __________ occurs when companies significantly cut or add inventories because even small increases in demand can cause a big increase in the need for parts and materials further down the supply chain.

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In a survey conducted by Food Engineering magazine,the top concern of the agri-food industry was food safety in large part because worldwide distribution systems have increased the risk and range of contaminated food entering the food supply.

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Which is not one of the reasons why companies might need to migrate from legacy systems to enterprise systems?

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Supply chain collaboration can increase profit margins by as much as __________ percent for supply chain partners,which is a significant improvement.

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Enterprise systems allow workers to access and analyze real-time information and transaction processes across the entire organization.

(True/False)
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Older information systems (IS),called __________,have been built with various outdated technologies.

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Why do companies migrate to enterprise systems from their existing legacy systems? List and briefly describe three reasons.

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