Question 1

The business function of government compliance falls under the Supply Chain Management functional area of operation.

Accepted Answer

A) True 
 B)False

Question 2

Historically,businesses have had organizational structures that separated the functional areas,but business schools have not been organized like that.

Accepted Answer

A) True 
 B)False

Question 3

Analyses that attempt to predict the future sales of a product are called:

Accepted Answer

A)  Sales forecasts 
B)  Sales divining 
C)  Sales diving 
D)  Sales deriving

Question 4

Which of the following is a functional area of operation?

Accepted Answer

A)  Packaging 
B)  Supply Chain Management 
C)  Shipping 
D)  Baking

Question 5

To avoid stockouts,manufacturers might carry extra raw materials.This excess is known as safety stock.

Accepted Answer

A) True 
 B)False

Question 6

____________________ programs are core software used by companies to coordinate information in every area of the business.

Accepted Answer

The answer of ____________________ programs are core software used by...

Question 7

One example of the business function that happens in the human resource area of operation would be ____________________.

Accepted Answer

The answer of One example of the business function that...

Question 8

Which of the following is an input to HR?

Accepted Answer

A)  Personnel forecasts 
B)  Sales data 
C)  Layoff and recall company policy 
D)  Travel expense company policy

Question 9

What are the computers,people,procedures,and software that store,organize,and deliver information in an organization?

Accepted Answer

A)  The CPU 
B)  The Process System 
C)  Information systems 
D)  Personnel systems

Question 10

Describe the difference between functional areas of operation and business processes.Give an example of a business process.

Accepted Answer

The answer of Describe the difference between functional areas of...

Question 11

Sales forecasts are historical records of sales.

Accepted Answer

A) True 
 B)False

Question 12

Choose an example company and give situations for each business process in the following figure.Depending on your major or interest,choose one functional area of operation.

Accepted Answer

The answer of Choose an example company and give situations...

Question 13

When manufacturing runs out of raw material,it's known as a(n)

Accepted Answer

A)  Shortfall 
B)  Empty shelf 
C)  Depletion 
D)  Stockout

Question 14

A collection of activities that takes one or more kinds of input and creates an output that is of value to the customer is called a ____________________.

Accepted Answer

The answer of A collection of activities that takes one...

Question 15

When manufacturing runs out of raw materials,it's known as a stockout.

Accepted Answer

A) True 
 B)False

Question 16

What are integrated information systems?

Accepted Answer

The answer of What are integrated information systems?...

Question 17

Information systems that can be designed so that functional areas of operation share data are called:

Accepted Answer

A)  Integrated information systems 
B)  Complete information systems 
C)  Non-middleware information systems 
D)  Linked information systems

Exam 1: Business Functions and Business Processes

The business function of government compliance falls under the Supply Chain Management functional area of operation.

Historically,businesses have had organizational structures that separated the functional areas,but business schools have not been organized like that.

Analyses that attempt to predict the future sales of a product are called:

Which of the following is a functional area of operation?

To avoid stockouts,manufacturers might carry extra raw materials.This excess is known as safety stock.

____________________ programs are core software used by companies to coordinate information in every area of the business.

One example of the business function that happens in the human resource area of operation would be ____________________.

Which of the following is an input to HR?

What are the computers,people,procedures,and software that store,organize,and deliver information in an organization?

Describe the difference between functional areas of operation and business processes.Give an example of a business process.

Sales forecasts are historical records of sales.

Choose an example company and give situations for each business process in the following figure.Depending on your major or interest,choose one functional area of operation.

When manufacturing runs out of raw material,it's known as a(n)

A collection of activities that takes one or more kinds of input and creates an output that is of value to the customer is called a ____________________.

When manufacturing runs out of raw materials,it's known as a stockout.

What are integrated information systems?

Information systems that can be designed so that functional areas of operation share data are called: