Exam 9: Operational Planning and Control Systems

In__________,data can be accessed directly from operational databases and all transactions are processed as soon as they occur.

At the __________ level,decisions are made to control the day-to-day activities.

Data validation techniques,such as validating that the zip code is consistent with the address,are used to detect and correct data entry errors.

With XBRL,all of the company's financial data are collected,consolidated,published,and consumed without the need to use Excel spreadsheets.

Strategic level decisions are visionary and future-oriented.What types of data are specifically required for these decisions?

Why did the largest Scandinavian food retailer group,Axfood AB,invest 200 million SEK (20.4 million Euros or US$25.6 million)in an IT platform?

Identify the three organizational and management levels.For each level,explain the types of decisions made,the focus and time horizon of those decisions,and the types of data that are needed for their decisions.

Good planning is necessary because a major reason organizations fail is their inability to forecast and/or secure sufficient __________.

Effective __________ are critical to an organization's financial performance because fraud is easy to commit and hard to detect.

POM departments may keep __________,which is extra inventory in case of unexpected events,such as spikes in demand or delivery delays.

__________ is a programming language and an international standard for electronic transmission of business and financial information.It helps generate cleaner data,including written explanations and supporting notes.

The data requirements of operational-level units are __________ because they depend heavily on standard operating procedures.

Providing flexibility in selecting benefits is viewed as a competitive advantage in large organizations.Employees can self-register for specific benefits using menus from a __________ or __________.

A company's payroll systems prepare and process the payroll data periodically,such as at the end of the work week.This type of processing is known as __________.

Oracle,Siemens,and POM vendors offer a demand-driven __________ system,whose objective is to remove waste of any kind from production and operations.

Each level of management has its own data needs,decision making responsibilities,and time horizons.

In the August 2008 benchmark study,"Customer Analytics: Segmentation Beyond Demographics," respondents stated that their top data-related challenge was__________.

A __________ is collection of tasks to achieve a non-routine result,such as implementing a new JIT inventory management system.It has a defined beginning and end;a scope,resources,and a budget.

Bernie Madoff committed a record-setting fraud scheme for many years __________ was passed to prevent financial fraud.

Human resources information systems (HRISs),which were implemented on company networks since the late 1990s,have been moved to intranets and __________;and HR apps are leased in __________ arrangements.