Exam 11: Information Systems Within the Organization

ERP are designed to correct a lack of communication among _________.

While National Australian Bank's legacy systems were able to create the necessary reports for the new regulatory environment after the 2007-2009 financial crisis, they wanted to implement a system that allowed clients to create their own reports.

National Australian Bank implemented a performance management solution that provided a web portal for its ________.

ERP systems have much the same functionality as FAIS and produce the same reports.

A(n) ________________ is any business event that generates data worthy of being captured and stored in a database.

All information systems produce reports.

A(n) ______ supports the monitoring, collection, storage, and processing of data from the organization's basic business transactions, each of which generates data.

Describe the procurement, fulfillment, and production processes for a customized versus an off-the-shop-floor sports car.

If you owned a small business, would you implement an ERP system? Why or why not? If you owned a large business, would you implement an ERP system? Why or why not? HINT: Your answers should be different and should thoroughly discuss the positives and negatives of ERP implementation from the perspective of these different sized companies.

_________ is an advantage of data sharing in healthcare.

Yield management systems enable businesses to implement a _________ strategy.

If your company purchases SAP and installs it "as is", this is a(n) ________ approach to on-premise ERP implementation.

Different systems support operational, tactical, and strategic levels of the organizations. What kinds of reports would you want to see from different systems at these different levels of the organization and why? HINT: You should discuss at least one system for each level.

Many EDI systems process data every half hour. This is called ___________.

ERP CRM and ERP SCM are interorganizational systems.

The Army is working on implementing an ERP system to pass audits as part of a federally mandated DOD financial audit scheduled for 2017.

The procurement and fulfillment processes are considered ________ organizational processes.

A SaaS ERP implementation means a company rents software from an ERP vendor.

The __________ process originates in the sales department and ends in the accounting department.

________ are designed to correct a lack of communication among FAIS.