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Business
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Understanding the Theory
Exam 8: Using Information Technology for Control and Coordination
Path 4
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Question 21
Multiple Choice
____ is typically concerned with well-defined problems about operational issues and past events.
Question 22
Multiple Choice
Which of the following is a software program that presents key business information in graphical, easy-to-interpret form and alerts managers to any deviations or unusual patterns in the data?
Question 23
True/False
Managers use periodic statistical reports to evaluate and monitor nonfinancial performance, such as customer satisfaction, employee performance, or rate of staff turnover.
Question 24
True/False
The profit and loss statement is typically used to set targets for the organization's expenditures for the year and then report actual costs on a monthly or quarterly basis.
Question 25
Multiple Choice
A(n) _____ is a running web log that allows an individual to post opinions and ideas about work projects and processes.
Question 26
True/False
Enterprise resource planning can integrate key management processes by integrating order processing, product design, purchasing, inventory, distribution, and other areas of organizational activity.