Deck 9: E-Business and Enterprise Resource Planning Systems

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Question
Which of the following statements about B2B e-business is most true?

A)Companies engaged in B2B can benefit from the COSO internal control and enterprise risk management frameworks.
B)Companies engaged in B2B must be at Level Three of the capability maturity model.
C)The weighted-rating technique is irrelevant to companies engaged in B2B.
D)Expansion into B2B is based on requirements analysis, the first step in the systems development life cycle.
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Question
E-business offers many potential benefits for a company's marketing efforts.Those benefits include:

A)Selling to a more diverse group of customers.
B)Allowing a business to focus its marketing efforts.
C)Both selling to a more diverse group of customers and allowing a business to focus its marketing efforts.
D)Neither selling to a more diverse group of customers nor allowing a business to focus its marketing efforts.
Question
Which of the following is most closely related to one of the benefits of e-business discussed in the text?

A)Internal controls
B)Company finances
C)Selling to a broader range of customers
D)All of these are related to benefits of e-business.
Question
When the Internal Revenue Service encourages individual taxpayers to submit forms electronically, it is engaging in which form of e-business?

A)B2C
B)G2C
C)C2C
D)B2B
Question
WebTrust and SysTrust can be incorporated into an organization's:

A)Internal control plan
B)Enterprise risk management plan
C)Both internal control plan and enterprise risk management plan
D)Neither internal control plan nor enterprise risk management plan
Question
The US Department of State provides information on its web site for US citizens traveling to other countries and for citizens of other countries traveling to the US.Which of the following statements is most true?

A)The US Department of State is not engaged in e-business because it does not sell the information.
B)The US Department of State is not engaged in e-business because it provides information to non-citizens.
C)The US Department of State is engaged in G2B e-business.
D)The US Department of State is engaged in G2C e-business.
Question
Costs associated with e-business include:

A)Financial costs associated with setting up networks.
B)Need to develop different, better internal control systems.
C)Potential for customer distrust.
D)All of these.
Question
WebTrust and SysTrust are most closely related to which of the following?

A)Elements of Brown's risk taxonomy
B)Flowcharting
C)Expectancy theory
D)All of these
Question
Consider the following flowcharting shapes as you answer the question: <strong>Consider the following flowcharting shapes as you answer the question:   SBL Corporation is preparing to expand into B2B e-business.A flowchart of their sales process should definitely include which of the following symbols?</strong> A)Symbol A B)Symbol B C)Symbol C D)Symbol D <div style=padding-top: 35px> SBL Corporation is preparing to expand into B2B e-business.A flowchart of their sales process should definitely include which of the following symbols?

A)Symbol A
B)Symbol B
C)Symbol C
D)Symbol D
Question
A company engaged in B2C e-business needs to create a new computer network.The process of creating the network would benefit most from:

A)The capability maturity model.
B)The systems development life cycle.
C)The use of expectancy theory.
D)Re-ordering the steps in the accounting cycle.
Question
Hewlett-Packard builds and sells computers and related accessories.It can engage in which of the following forms of e-business?

A)B2C
B)B2B
C)Both of these.
D)None of these.
Question
Which of the following statements is true?

A)A bank is unlikely to benefit from e-business.
B)In a university, the costs of e-business usually exceed the benefits.
C)Both a bank is unlikely to benefit from e-business and in a university, the costs of e-business usually exceed the benefits are true.
D)Neither a bank is unlikely to benefit from e-business nor in a university, the costs of e-business usually exceed the benefits is true.
Question
TNS Corporation had been doing business via traditional brick-and-mortar methods for many years, then decided to expand into e-business.Based on the benefits and costs of e-business listed in the text, which of the following numbers is likely to increase?

A)Sales
B)Profits
C)Prepaid assets
D)Retained earnings
Question
In which module of an ERP system would you expect to find the most detailed information about purchase orders?

A)Customer relationship management
B)Human resource management
C)Supply chain management
D)Financial management
Question
The central feature of e-business is:

A)Transacting business over a computer network.
B)Using XBRL for required SEC filings.
C)Implementing general ledger software.
D)Ensuring that the company is no lower than Level 3 on the capability maturity model.
Question
SBL Corporation is preparing to expand into B2B e-business.If SBL sells office supplies to its customers, its database for sales transactions should include all of the following tables except:

A)Supplies
B)Inventory
C)Order
D)Order/inventory
Question
SBL Corporation is preparing to expand into B2B e-business.It is least likely to need which of the following database tables as part of its network?

A)Customer
B)Employee
C)Business
D)Order
Question
Consider the following flowcharting shapes as you answer the question: <strong>Consider the following flowcharting shapes as you answer the question:   SBL Corporation is preparing to expand into B2B e-business.In a flowchart of their sales process, take order via Web site is most likely to be represented with:</strong> A)Symbol A B)Symbol B C)Symbol C D)Symbol D <div style=padding-top: 35px> SBL Corporation is preparing to expand into B2B e-business.In a flowchart of their sales process, "take order via Web site" is most likely to be represented with:

A)Symbol A
B)Symbol B
C)Symbol C
D)Symbol D
Question
A modular information technology designed to provide comprehensive information about a company is called:

A)An enterprise resource planning system.
B)A spreadsheet.
C)A risk management plan.
D)The accounting cycle.
Question
The CEO and CFO of TNS Corporation wanted to expand into e-business, but the company's board of directors was unwilling to approve their plan.Which of the following theories will best help the CEO and CFO persuade the board of directors to support their idea?

A)Capability maturity model
B)Systems development life cycle
C)Expectancy theory
D)COSO enterprise risk management framework
Question
SPL Corporation is an information technology consulting firm with offices in six states.In implementing an ERP system for its own use, management should be careful to:

A)Resolve multisite issues.
B)Select a compatible ERP system.
C)Both resolve multisite issues and select a compatible ERP system
D)Neither resolve multisite issues nor select a compatible ERP system
Question
Expectancy theory is most likely to be helpful in addressing which of the following common causes of ERP implementation failure?

A)Poor leadership from top management
B)Automating existing redundant processes
C)Inaccurate data in the system
D)Significant technical difficulties
Question
An organization is at the "chaotic" level of the capability maturity model.If it attempts to implement an ERP system, which of the following is most likely to cause the implementation to fail?

A)A bad match between ERP software and organizational processes.
B)Significant technical difficulties.
C)Both a bad match between ERP software and organizational processes and significant technical difficulties.
D)Neither a bad match between ERP software and organizational processes nor significant technical difficulties.
Question
Umble and Umble suggested six necessary conditions for a successful ERP implementation.Which of the conditions is most clearly related to the "internal environment" component of the COSO frameworks on internal control and enterprise risk management?

A)Obtain organizational commitment.
B)Ensure data accuracy.
C)Select a compatible ERP system.
D)All of these.
Question
Common causes of ERP implementation failure include:

A)Poor leadership from top management.
B)Unrealistic expectations.
C)Both poor leadership from top management and unrealistic expectations.
D)Neither poor leadership from top management nor unrealistic expectations.
Question
An ERP system is a sophisticated form of relational database software; within each module, data are stored in tables.In which modules would you expect to find "employee ID" as a field in one or more tables: (i) customer relationship management, (ii) human resource management, (iii) supply chain management?

A)I and II only
B)I and III only
C)II and III only
D)I, II and III
Question
RVW Corporation uses an enterprise resource planning system.An accountant wants to create a report of the last month's purchases sorted by vendor that also includes the name of the purchasing agent who assisted with each transaction.Which modules of the ERP system will provide the relevant information?

A)Supply chain management and human resource management
B)Supply chain management and customer relationship management
C)Customer relationship management and supply chain management
D)Such a report cannot be generated from the ERP system.
Question
Please consider the following short case as you respond to the question: Sue and Sally are partners in a small local bakery specializing in wedding and birthday cakes.They use a simple Excel spreadsheet to record journal entries and prepare financial statements and tax returns.Robert, the owner of a consulting company that installs and maintains ERP systems, has recently approached them about the possibility of implementing an ERP system in their operations.If they accept his offer, Robert will provide a series of online tutorials to help them learn about the new system.Sue and Sally believe the implementation of the ERP system will make it easier for them to borrow money to expand the bakery.Which of the following best pairs a fact from the case with an appropriate cause of ERP system failures?

A)The company is a small local bakery; a bad match between ERP software and organizational processes
B)Sue and Sally are partners; poor leadership from top management.
C)Both the company is a small local bakery; a bad match between ERP software and organizational processes and Sue and Sally are partners; poor leadership from top management
D)Neither the company is a small local bakery; a bad match between ERP software and organizational processes nor Sue and Sally are partners; poor leadership from top management
Question
Modules in an ERP system that contain information about inventory include all the following except:

A)Customer relationship management
B)Human resource management
C)Supply chain management
D)Financial management
Question
As a processing tool in an accounting information system, ERP software is capable of generating outputs in the form of general-purpose financial statements.Which of the following statements is most true?

A)The financial management module alone contains all the information a company needs to produce its financial statements.
B)All four common ERP system modules provide information to the general purpose financial statements.
C)A company needs to create a fifth module called "financial statement creation" if it wants to use an ERP system to create its financial statements.
D)None of these statements is true.
Question
Please consider the following short case as you respond to the question: Sue and Sally are partners in a small local bakery specializing in wedding and birthday cakes.They use a simple Excel spreadsheet to record journal entries and prepare financial statements and tax returns.Robert, the owner of a consulting company that installs and maintains ERP systems, has recently approached them about the possibility of implementing an ERP system in their operations.If they accept his offer, Robert will provide a series of online tutorials to help them learn about the new system.Sue and Sally believe the implementation of the ERP system will make it easier for them to borrow money to expand the bakery.If Sue and Sally accept Robert's proposal, which of the following common causes of ERP implementation failure is likely to be the most serious?

A)Poor leadership from top management
B)Significant technical difficulties
C)Inadequate education and training
D)None of these.Since the company is so small, the ERP project is likely to succeed.
Question
Consider the following short case as you respond to the question: Scott and Logan are the CEO and CFO of MLN Corporation.The firm has lately been losing customers to MLN's competitors; Scott and Logan believe an ERP system could help MLN obtain more timely information that will enable them to retain old customers and acquire new ones.They formed a six-person team with representatives from three of MLN's ten departments and instructed them to use the steps in the systems development life cycle to choose and implement an ERP system.A year later, the team had completed its work and implemented the system by transferring data from MLN's general ledger software to the ERP system.Umble and Umble suggested six necessary conditions for a successful ERP implementation.Which of the following statements is most true?

A)Forming a six-person team ensures that ERP will be seen as an enterprise-wide venture.
B)Resolving multi-site issues may not have been an issue for MLN.
C)Both forming a six-person team ensures that ERP will be seen as an enterprise-wide venture and resolving multi-site issues may not have been an issue for MLN are true.
D)Neither forming a six-person team ensures that ERP will be seen as an enterprise-wide venture nor resolving multi-site issues may not have been an issue for MLN is true.
Question
Which modules in an ERP system are likely to contain information about a company's plant assets?

A)Supply chain management
B)Financial management
C)Both supply chain management and financial management
D)Neither supply chain management nor financial management
Question
Umble and Umble suggested six necessary conditions for a successful ERP implementation.Expectancy theory can be useful in achieving all of the following conditions except:

A)Obtaining organizational commitment.
B)Viewing ERP as an enterprise-wide venture.
C)Resolving multisite issues.
D)Ensuring data accuracy.
Question
RVW Corporation uses an enterprise resource planning system.An accountant wants to create a report of the last month's sales sorted by client that also includes the name of the salesperson who assisted with each transaction.Which modules of the ERP system will provide the relevant information?

A)Customer relationship management and financial management
B)Human resource management and financial management
C)Customer relationship management and human resource management
D)Such a report cannot be generated from the ERP system.
Question
Please consider the following short case as you respond to the question: Sue and Sally are partners in a small local bakery specializing in wedding and birthday cakes.They use a simple Excel spreadsheet to record journal entries and prepare financial statements and tax returns.Robert, the owner of a consulting company that installs and maintains ERP systems, has recently approached them about the possibility of implementing an ERP system in their operations.If they accept his offer, Robert will provide a series of online tutorials to help them learn about the new system.Sue and Sally believe the implementation of the ERP system will make it easier for them to borrow money to expand the bakery.Which of the following best pairs a fact from the case with an appropriate cause of ERP system failures?

A)Sue and Sally are partners in a small local bakery; poor leadership from top management
B)They use a simple Excel spreadsheet; inadequate training and education
C)The ERP system will make it easier for them to borrow money; unrealistic expectations
D)All of these
Question
Consider the following short case as you respond to the question: Scott and Logan are the CEO and CFO of MLN Corporation.The firm has lately been losing customers to MLN's competitors; Scott and Logan believe an ERP system could help MLN obtain more timely information that will enable them to retain old customers and acquire new ones.They formed a six-person team with representatives from three of MLN's ten departments and instructed them to use the steps in the systems development life cycle to choose and implement an ERP system.A year later, the team had completed its work and implemented the system by transferring data from MLN's general ledger software to the ERP system.Umble and Umble suggested six necessary conditions for a successful ERP implementation.Which of them was best achieved in the case?

A)Communicating strategic goals clearly.
B)Viewing ERP as an enterprise-wide venture.
C)Ensuring data accuracy.
D)All of these.
Question
Which of the following are conditions commonly associated with a successful ERP implementation?

A)Obtaining organizational commitment
B)Communicating strategic goals clearly
C)Both obtaining organizational commitment and communicating strategic goals clearly
D)Neither obtaining organizational commitment nor communicating strategic goals clearly
Question
TNG Corporation implemented an ERP system using the steps in the systems development life cycle.Which of the following statements is most true?

A)The systems development life cycle is an inappropriate tool for implementing an ERP system.
B)TNG is unlikely to suffer from poor project management.
C)Top management leadership is unnecessary when a company uses the systems development life cycle.
D)TNG can omit requirements analysis as a step in the systems development life cycle.
Question
Please consider the following short case as you respond to the question: Sue and Sally are partners in a small local bakery specializing in wedding and birthday cakes.They use a simple Excel spreadsheet to record journal entries and prepare financial statements and tax returns.Robert, the owner of a consulting company that installs and maintains ERP systems, has recently approached them about the possibility of implementing an ERP system in their operations.If they accept his offer, Robert will provide a series of online tutorials to help them learn about the new system.Sue and Sally believe the implementation of the ERP system will make it easier for them to borrow money to expand the bakery.Based on the information in the case, all parties need to be concerned with which of the following common causes of ERP implementation failure?

A)Inaccurate data in the system
B)Unrealistic expectations
C)Both inaccurate data in the system and unrealistic expectations
D)Neither inaccurate data in the system nor unrealistic expectations
Question
Both e-business and ASPs can provide benefits for organizations.Which of the following best pairs a potential benefit of e-business with a potential benefit of using an ASP?

A)Quicker service delivery, increased flexibility
B)Geographic market expansion, role in disaster recovery plans
C)Quicker service delivery, role in disaster recovery plans
D)Geographic market expansion, reduced consequences for technology breakdowns
Question
Well-known enterprise resource planning systems include: (i) Oracle's PeopleSoft, (ii) SAP, (iii) Microsoft Excel.

A)I and II only
B)I and III only
C)II and III only
D)I, II and III
Question
With respect to an ASP, service interruptions and compromised data would be most effectively addressed with:

A)An enterprise risk management plan.
B)A systems flowchart.
C)The steps in the accounting cycle.
D)The capability maturity model.
Question
STC Corporation's enterprise resource planning system contains a cash payments table, a cash receipts table and a cash table.The cash payments table is most likely to be part of which ERP module?

A)CRM
B)HRM
C)SCM
D)Financial management
Question
SSAE 16 includes three broad types of SOC Reports.SOC 1 reports on:

A)ERP systems.
B)the COSO framework.
C)controls over security, availability, processing integrity, confidentiality or privacy.
D)controls relevant to user entities internal control over financial reporting.
Question
An ASP specializes in software applications for government agencies.It is best described as which type of ASP?

A)Enterprise
B)Vertical market
C)Volume business
D)Application
Question
Consider the following short case as you respond to the question: Scott and Logan are the CEO and CFO of MLN Corporation.The firm has lately been losing customers to MLN's competitors; Scott and Logan believe an ERP system could help MLN obtain more timely information that will enable them to retain old customers and acquire new ones.They formed a six-person team with representatives from three of MLN's ten departments and instructed them to use the steps in the systems development life cycle to choose and implement an ERP system.A year later, the team had completed its work and implemented the system by transferring data from MLN's general ledger software to the ERP system.Umble and Umble suggested six necessary conditions for a successful ERP implementation.Which of the following is most closely related to communicating strategic goals clearly?

A)The firm has lately been losing customers to MLN's competitors.
B)They formed a six-person team.
C)A year later, the team had completed its work.
D)Use the steps in the systems development life cycle.
Question
STC Corporation's enterprise resource planning system contains a cash payments table, a cash receipts table and a cash table.The three tables are linked via which of the following fields?

A)Cash
B)Account number
C)Currency
D)Some other field
Question
As a form of internal control, an SSAE 16 audit is least likely to address which of the following risks associated with ASPs?

A)Compromised data
B)Inability to pay monthly fees
C)Financial costs associated with setting up a computer network
D)Cost of purchasing software
Question
STC Corporation's enterprise resource planning system contains a cash payments table, a cash receipts table and a cash table.The cash table is most likely to be part of which ERP module?

A)CRM
B)HRM
C)SCM
D)Financial management
Question
STC Corporation's enterprise resource planning system contains a cash payments table, a cash receipts table and a cash table.The cash receipts table is most likely to be part of which ERP module?

A)CRM
B)HRM
C)SCM
D)Financial management
Question
Consider the following short case as you respond to the question: Scott and Logan are the CEO and CFO of MLN Corporation.The firm has lately been losing customers to MLN's competitors; Scott and Logan believe an ERP system could help MLN obtain more timely information that will enable them to retain old customers and acquire new ones.They formed a six-person team with representatives from three of MLN's ten departments and instructed them to use the steps in the systems development life cycle to choose and implement an ERP system.A year later, the team had completed its work and implemented the system by transferring data from MLN's general ledger software to the ERP system.Umble and Umble suggested six necessary conditions for a successful ERP implementation.Which of the following pieces of advice is most applicable to MLN?

A)Form a smaller implementation team.
B)Ensure that the implementation team has wider representation.
C)Both form a smaller implementation team and ensure that the implementation team has wider representation.
D)Neither form a smaller implementation team nor ensure that the implementation team has wider representation.
Question
Within the context of ERP systems, a module is:

A)a part of the program aligned with a specific function of the organization.
B)another name for a database table.
C)Both a part of the program aligned with a specific function of the organization and another name for a database table.
D)Neither a part of the program aligned with a specific function of the organization nor another name for a database table.
Question
Both e-business and ASPs create risks and costs for organizations.Which of the following best pairs a potential cost of e-business with a potential risk of using an ASP?

A)Potential for customer distrust, inability to pay monthly fees
B)Financial costs associated with setting up networks, reduced flexibility
C)Potential for customer distrust, psychological & behavioral factors
D)Financial costs associated with setting up networks, psychological & behavioral factors
Question
STC Corporation's enterprise resource planning system contains a cash payments table, a cash receipts table and a cash table.Foreign keys in the cash payments table would include: (i) vendor ID, (ii) account number, (iii) cash payment date.

A)I and II only
B)I and III only
C)II and III only
D)I, II and III
Question
An organization that provides a contractual service to deploy, host and manage applications for customers remotely from a centralized location is called an:

A)Enterprise resource planning consultant
B)Application service provider
C)Enterprise service provider
D)Application service planning consultant
Question
A corporation hired an ERP consultant to recommend an ASP for its payroll processing.In a systems flowchart of the payroll process, which of the following is most likely to be outside the system boundary?

A)ERP consultant
B)ASP
C)Both ERP consultant and ASP
D)Neither ERP consultant nor ASP
Question
SSAE 16 is a form of ___ with respect to an ASP.

A)internal control
B)information technology
C)Both internal control and information technology
D)Neither internal control nor information technology
Question
STC Corporation's enterprise resource planning system contains a cash payments table, a cash receipts table and a cash table.Foreign keys in the cash receipts table would include: (i) customer ID, (ii) account number, (iii) cash receipt date.

A)I and II only
B)I and III only
C)II and III only
D)I, II and III
Question
Virtually all ERP systems are organized in:

A)database queries.
B)spreadsheets.
C)modules.
D)application service providers.
Question
TWR Corporation attempted to implement its first ERP system using the systems development life cycle, but the project was deemed a failure.Some of the actions that led to the failure are listed below.For each one, indicate the major cause of ERP implementation failure suggested by Umble and Umble that most clearly applies.Do not use any major cause more than once.
a.Employees using the ERP system were expected to learn how to use the system after it was operational.
b.Employees who input information to the system made errors.
c.Only employees from the information systems department were on the project team.
d.The company president missed most of the planning meetings.
e.The ERP project team leader predicted a 90% reduction in information technology costs after the system was implemented.
f.The project team leader promised that no-one would lose their job as a result of ERP system implementation.
g.The project team skipped steps in the systems development life cycle.
h.The system implemented could not be customized for TWR's operations.
i.TWR continued to rely on paper-based forms and spreadsheet software to track inventory.
j.TWR's existing computers could not run the software fast enough.
Question
The chapter discussed five types of ASPs: (a) enterprise, (b) local/regional, (c) specialist, (d) vertical market and (e) volume business.Which of the five types best describes each of the following?
1.Attendance and vacation tracking for small businesses in St Louis
2.Credit card processing for retail department stores
3.Diverse IT-related services for mid-range businesses in Shreveport
4.ERP systems
5.Online employee training
6.Payroll processing for banks and other financial institutions
7.Pension fund management
8.Recruiting executives for the Fortune 500
9.Several marketing-related services for small business
10.Small business general ledger software in Dallas
Question
Bumble Beasley runs a medium-sized consulting firm with offices throughout the United States and Europe.For the past several years, the firm has provided continuing education to its 500 employees via monthly seminars in various locations.But, travel costs are becoming prohibitively expensive, leading Bumble to look for other ways to provide continuing education.Bumble has contacted Training Services Unlimited, an application service provider that specializes in delivering Web-based training on various topics to professional services firms.What type of ASP is Training Services Unlimited? What are the advantages and disadvantages of using their services? Discuss the nature and value of an SSAE 16 audit within the context of this case.
Question
Reliable Reminder Services is a small company that, for a fee, assists its clients in remembering important dates, purchasing and sending greeting cards and providing specialized shopping services for occasions like birthdays and anniversaries.The company's owners want to use an application service provider to develop and host a web page that will help them attract new clients.They completed the following steps to select an ASP:
Choose an ASP from the finalists.Conduct in-house interviews.Contact references provided by finalists.Develop request for proposals from ASPs.Evaluate submitted proposals.Negotiate a contract with the selected ASP.Select top five proposals.Select top three proposals.Send thank you letters to rejected ASPs.Send the original contract to the ASP; retain an electronic copy in the database.Put the steps in order and prepare a systems flowchart of the ASP selection process; assume that all steps occur in the same department.Ensure that your flowchart conforms to the principles discussed in the text.
Question
Organizations that implement ERP systems bear the risk of project failure for a variety of reasons, one of which is inadequate education and training.Complete the table below to develop an enterprise risk management plan that addresses that risk.
Question
CSB Corporation has used traditional general ledger software to maintain its accounting records.However, the company is now growing and needs more sophisticated information technology that will provide more comprehensive information for running the firm.Recommend a form of information technology that will meet CSB's need; describe the basic nature, purpose and structure of the IT you recommend.
Question
PLM Corporation was preparing to implement its first ERP system.Several actions taken by the ERP project team to promote the project's success are listed below.Which of Umble and Umble's six conditions for successful ERP implementation best describes each one?
a.Asked internal auditors to review the work of employees who input data to the system
b.Conducted focus groups with selected employee groups to address concerns
c.Ensured that PLM's wireless network adequately connected all of its offices throughout the United States
d.Included employees from all departments on the ERP project team
e.Incorporated echo checks as a form of internal control to reduce employee mistakes
f.Interviewed company executives to determine if they truly supported the project
g.Published a monthly newsletter on the role of the ERP system in improving competitiveness
h.Set up demonstrations to show employees how the ERP system would allow them to get better information more quickly
i.Solicited suggestions from all employees about how to improve business processes
j.Visited similar companies to learn about their experiences with ERP software
Question
According to the table presented in the text, which major form of e-business describes each of the following?
a.Dell Computers
b.eBay
c.EDGAR
d.Internal Revenue Service
f.Travelocity
Question
Jose is an artist specializing in family portraits.Although his business started as a traditional "brick and mortar" enterprise, he is now interested in expanding into e-business.He has hired you as a consultant; explain four changes Jose is likely to see if he expands into the e-business arena.
Question
List and briefly discuss five major forms of e-business.
Question
JRS Corporation attempted to install an enterprise resource planning system with very poor results.The project took significantly longer than expected; actual costs exceeded budgeted costs by a significant margin.In addition, the system has been poorly utilized because it was never completed.The management of JRS has hired you to bring the project to a successful completion.Write a letter to management explaining three common causes of ERP implementation failure; also make four recommendations that will help them be more successful with the implementation now.
Question
Indicate one ERP module where you would expect to find information about each of the following items.
a.Accrued vacation time
b.All transactions affecting cash
c.Chart of accounts
d.Client name
e.Date of last inventory purchase
f.Pension plan data
g.Projected profits
h.Sales history
i.Shareholder names and addresses
j.Vendor quality ratings
Question
Fill in the blanks below based on the benefits and costs of e-business discussed in the chapter.
a.___ markets
b.Financial costs associated with ___
c.Geographic ___
d.More ___ marketing
e.Need to develop different ___ systems
f.Potential for ___
g.Quicker ___ delivery
h.Reduced ___
i.Severe consequences for ___
j.Streamlined ___
Question
Enterprise resource planning systems are a sophisticated form of relational database technology; one common ERP system module is customer relationship management.Create database specifications (table names and field names) for three tables you would expect to find in an ERP system's customer relationship management module.At least one of the tables must be a junction table.Indicate primary keys by underlining and foreign keys with brackets; ensure that each table is in 3NF.
Question
Enterprise resource planning systems are a sophisticated form of relational database technology; one common ERP system module is supply chain management.Organize the field names below into four tables you would expect to find in an ERP system's supply chain management module.Indicate primary keys by underlining and foreign keys with brackets; ensure that each table is in 3NF.Beginning date
Beginning units on hand
Cost per unit of beginning inventory
Cost per unit purchased
Employee ID
Item description
Item number
Location of supplier
Purchase order number
Quantity purchased
Supplier name
Transaction date
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Deck 9: E-Business and Enterprise Resource Planning Systems
1
Which of the following statements about B2B e-business is most true?

A)Companies engaged in B2B can benefit from the COSO internal control and enterprise risk management frameworks.
B)Companies engaged in B2B must be at Level Three of the capability maturity model.
C)The weighted-rating technique is irrelevant to companies engaged in B2B.
D)Expansion into B2B is based on requirements analysis, the first step in the systems development life cycle.
A
2
E-business offers many potential benefits for a company's marketing efforts.Those benefits include:

A)Selling to a more diverse group of customers.
B)Allowing a business to focus its marketing efforts.
C)Both selling to a more diverse group of customers and allowing a business to focus its marketing efforts.
D)Neither selling to a more diverse group of customers nor allowing a business to focus its marketing efforts.
C
3
Which of the following is most closely related to one of the benefits of e-business discussed in the text?

A)Internal controls
B)Company finances
C)Selling to a broader range of customers
D)All of these are related to benefits of e-business.
D
4
When the Internal Revenue Service encourages individual taxpayers to submit forms electronically, it is engaging in which form of e-business?

A)B2C
B)G2C
C)C2C
D)B2B
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5
WebTrust and SysTrust can be incorporated into an organization's:

A)Internal control plan
B)Enterprise risk management plan
C)Both internal control plan and enterprise risk management plan
D)Neither internal control plan nor enterprise risk management plan
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6
The US Department of State provides information on its web site for US citizens traveling to other countries and for citizens of other countries traveling to the US.Which of the following statements is most true?

A)The US Department of State is not engaged in e-business because it does not sell the information.
B)The US Department of State is not engaged in e-business because it provides information to non-citizens.
C)The US Department of State is engaged in G2B e-business.
D)The US Department of State is engaged in G2C e-business.
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7
Costs associated with e-business include:

A)Financial costs associated with setting up networks.
B)Need to develop different, better internal control systems.
C)Potential for customer distrust.
D)All of these.
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8
WebTrust and SysTrust are most closely related to which of the following?

A)Elements of Brown's risk taxonomy
B)Flowcharting
C)Expectancy theory
D)All of these
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9
Consider the following flowcharting shapes as you answer the question: <strong>Consider the following flowcharting shapes as you answer the question:   SBL Corporation is preparing to expand into B2B e-business.A flowchart of their sales process should definitely include which of the following symbols?</strong> A)Symbol A B)Symbol B C)Symbol C D)Symbol D SBL Corporation is preparing to expand into B2B e-business.A flowchart of their sales process should definitely include which of the following symbols?

A)Symbol A
B)Symbol B
C)Symbol C
D)Symbol D
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10
A company engaged in B2C e-business needs to create a new computer network.The process of creating the network would benefit most from:

A)The capability maturity model.
B)The systems development life cycle.
C)The use of expectancy theory.
D)Re-ordering the steps in the accounting cycle.
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11
Hewlett-Packard builds and sells computers and related accessories.It can engage in which of the following forms of e-business?

A)B2C
B)B2B
C)Both of these.
D)None of these.
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12
Which of the following statements is true?

A)A bank is unlikely to benefit from e-business.
B)In a university, the costs of e-business usually exceed the benefits.
C)Both a bank is unlikely to benefit from e-business and in a university, the costs of e-business usually exceed the benefits are true.
D)Neither a bank is unlikely to benefit from e-business nor in a university, the costs of e-business usually exceed the benefits is true.
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13
TNS Corporation had been doing business via traditional brick-and-mortar methods for many years, then decided to expand into e-business.Based on the benefits and costs of e-business listed in the text, which of the following numbers is likely to increase?

A)Sales
B)Profits
C)Prepaid assets
D)Retained earnings
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14
In which module of an ERP system would you expect to find the most detailed information about purchase orders?

A)Customer relationship management
B)Human resource management
C)Supply chain management
D)Financial management
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15
The central feature of e-business is:

A)Transacting business over a computer network.
B)Using XBRL for required SEC filings.
C)Implementing general ledger software.
D)Ensuring that the company is no lower than Level 3 on the capability maturity model.
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16
SBL Corporation is preparing to expand into B2B e-business.If SBL sells office supplies to its customers, its database for sales transactions should include all of the following tables except:

A)Supplies
B)Inventory
C)Order
D)Order/inventory
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17
SBL Corporation is preparing to expand into B2B e-business.It is least likely to need which of the following database tables as part of its network?

A)Customer
B)Employee
C)Business
D)Order
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18
Consider the following flowcharting shapes as you answer the question: <strong>Consider the following flowcharting shapes as you answer the question:   SBL Corporation is preparing to expand into B2B e-business.In a flowchart of their sales process, take order via Web site is most likely to be represented with:</strong> A)Symbol A B)Symbol B C)Symbol C D)Symbol D SBL Corporation is preparing to expand into B2B e-business.In a flowchart of their sales process, "take order via Web site" is most likely to be represented with:

A)Symbol A
B)Symbol B
C)Symbol C
D)Symbol D
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19
A modular information technology designed to provide comprehensive information about a company is called:

A)An enterprise resource planning system.
B)A spreadsheet.
C)A risk management plan.
D)The accounting cycle.
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20
The CEO and CFO of TNS Corporation wanted to expand into e-business, but the company's board of directors was unwilling to approve their plan.Which of the following theories will best help the CEO and CFO persuade the board of directors to support their idea?

A)Capability maturity model
B)Systems development life cycle
C)Expectancy theory
D)COSO enterprise risk management framework
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21
SPL Corporation is an information technology consulting firm with offices in six states.In implementing an ERP system for its own use, management should be careful to:

A)Resolve multisite issues.
B)Select a compatible ERP system.
C)Both resolve multisite issues and select a compatible ERP system
D)Neither resolve multisite issues nor select a compatible ERP system
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22
Expectancy theory is most likely to be helpful in addressing which of the following common causes of ERP implementation failure?

A)Poor leadership from top management
B)Automating existing redundant processes
C)Inaccurate data in the system
D)Significant technical difficulties
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23
An organization is at the "chaotic" level of the capability maturity model.If it attempts to implement an ERP system, which of the following is most likely to cause the implementation to fail?

A)A bad match between ERP software and organizational processes.
B)Significant technical difficulties.
C)Both a bad match between ERP software and organizational processes and significant technical difficulties.
D)Neither a bad match between ERP software and organizational processes nor significant technical difficulties.
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24
Umble and Umble suggested six necessary conditions for a successful ERP implementation.Which of the conditions is most clearly related to the "internal environment" component of the COSO frameworks on internal control and enterprise risk management?

A)Obtain organizational commitment.
B)Ensure data accuracy.
C)Select a compatible ERP system.
D)All of these.
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25
Common causes of ERP implementation failure include:

A)Poor leadership from top management.
B)Unrealistic expectations.
C)Both poor leadership from top management and unrealistic expectations.
D)Neither poor leadership from top management nor unrealistic expectations.
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26
An ERP system is a sophisticated form of relational database software; within each module, data are stored in tables.In which modules would you expect to find "employee ID" as a field in one or more tables: (i) customer relationship management, (ii) human resource management, (iii) supply chain management?

A)I and II only
B)I and III only
C)II and III only
D)I, II and III
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27
RVW Corporation uses an enterprise resource planning system.An accountant wants to create a report of the last month's purchases sorted by vendor that also includes the name of the purchasing agent who assisted with each transaction.Which modules of the ERP system will provide the relevant information?

A)Supply chain management and human resource management
B)Supply chain management and customer relationship management
C)Customer relationship management and supply chain management
D)Such a report cannot be generated from the ERP system.
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28
Please consider the following short case as you respond to the question: Sue and Sally are partners in a small local bakery specializing in wedding and birthday cakes.They use a simple Excel spreadsheet to record journal entries and prepare financial statements and tax returns.Robert, the owner of a consulting company that installs and maintains ERP systems, has recently approached them about the possibility of implementing an ERP system in their operations.If they accept his offer, Robert will provide a series of online tutorials to help them learn about the new system.Sue and Sally believe the implementation of the ERP system will make it easier for them to borrow money to expand the bakery.Which of the following best pairs a fact from the case with an appropriate cause of ERP system failures?

A)The company is a small local bakery; a bad match between ERP software and organizational processes
B)Sue and Sally are partners; poor leadership from top management.
C)Both the company is a small local bakery; a bad match between ERP software and organizational processes and Sue and Sally are partners; poor leadership from top management
D)Neither the company is a small local bakery; a bad match between ERP software and organizational processes nor Sue and Sally are partners; poor leadership from top management
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29
Modules in an ERP system that contain information about inventory include all the following except:

A)Customer relationship management
B)Human resource management
C)Supply chain management
D)Financial management
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30
As a processing tool in an accounting information system, ERP software is capable of generating outputs in the form of general-purpose financial statements.Which of the following statements is most true?

A)The financial management module alone contains all the information a company needs to produce its financial statements.
B)All four common ERP system modules provide information to the general purpose financial statements.
C)A company needs to create a fifth module called "financial statement creation" if it wants to use an ERP system to create its financial statements.
D)None of these statements is true.
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31
Please consider the following short case as you respond to the question: Sue and Sally are partners in a small local bakery specializing in wedding and birthday cakes.They use a simple Excel spreadsheet to record journal entries and prepare financial statements and tax returns.Robert, the owner of a consulting company that installs and maintains ERP systems, has recently approached them about the possibility of implementing an ERP system in their operations.If they accept his offer, Robert will provide a series of online tutorials to help them learn about the new system.Sue and Sally believe the implementation of the ERP system will make it easier for them to borrow money to expand the bakery.If Sue and Sally accept Robert's proposal, which of the following common causes of ERP implementation failure is likely to be the most serious?

A)Poor leadership from top management
B)Significant technical difficulties
C)Inadequate education and training
D)None of these.Since the company is so small, the ERP project is likely to succeed.
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Unlock Deck
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32
Consider the following short case as you respond to the question: Scott and Logan are the CEO and CFO of MLN Corporation.The firm has lately been losing customers to MLN's competitors; Scott and Logan believe an ERP system could help MLN obtain more timely information that will enable them to retain old customers and acquire new ones.They formed a six-person team with representatives from three of MLN's ten departments and instructed them to use the steps in the systems development life cycle to choose and implement an ERP system.A year later, the team had completed its work and implemented the system by transferring data from MLN's general ledger software to the ERP system.Umble and Umble suggested six necessary conditions for a successful ERP implementation.Which of the following statements is most true?

A)Forming a six-person team ensures that ERP will be seen as an enterprise-wide venture.
B)Resolving multi-site issues may not have been an issue for MLN.
C)Both forming a six-person team ensures that ERP will be seen as an enterprise-wide venture and resolving multi-site issues may not have been an issue for MLN are true.
D)Neither forming a six-person team ensures that ERP will be seen as an enterprise-wide venture nor resolving multi-site issues may not have been an issue for MLN is true.
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33
Which modules in an ERP system are likely to contain information about a company's plant assets?

A)Supply chain management
B)Financial management
C)Both supply chain management and financial management
D)Neither supply chain management nor financial management
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34
Umble and Umble suggested six necessary conditions for a successful ERP implementation.Expectancy theory can be useful in achieving all of the following conditions except:

A)Obtaining organizational commitment.
B)Viewing ERP as an enterprise-wide venture.
C)Resolving multisite issues.
D)Ensuring data accuracy.
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Unlock Deck
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35
RVW Corporation uses an enterprise resource planning system.An accountant wants to create a report of the last month's sales sorted by client that also includes the name of the salesperson who assisted with each transaction.Which modules of the ERP system will provide the relevant information?

A)Customer relationship management and financial management
B)Human resource management and financial management
C)Customer relationship management and human resource management
D)Such a report cannot be generated from the ERP system.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
36
Please consider the following short case as you respond to the question: Sue and Sally are partners in a small local bakery specializing in wedding and birthday cakes.They use a simple Excel spreadsheet to record journal entries and prepare financial statements and tax returns.Robert, the owner of a consulting company that installs and maintains ERP systems, has recently approached them about the possibility of implementing an ERP system in their operations.If they accept his offer, Robert will provide a series of online tutorials to help them learn about the new system.Sue and Sally believe the implementation of the ERP system will make it easier for them to borrow money to expand the bakery.Which of the following best pairs a fact from the case with an appropriate cause of ERP system failures?

A)Sue and Sally are partners in a small local bakery; poor leadership from top management
B)They use a simple Excel spreadsheet; inadequate training and education
C)The ERP system will make it easier for them to borrow money; unrealistic expectations
D)All of these
Unlock Deck
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Unlock Deck
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37
Consider the following short case as you respond to the question: Scott and Logan are the CEO and CFO of MLN Corporation.The firm has lately been losing customers to MLN's competitors; Scott and Logan believe an ERP system could help MLN obtain more timely information that will enable them to retain old customers and acquire new ones.They formed a six-person team with representatives from three of MLN's ten departments and instructed them to use the steps in the systems development life cycle to choose and implement an ERP system.A year later, the team had completed its work and implemented the system by transferring data from MLN's general ledger software to the ERP system.Umble and Umble suggested six necessary conditions for a successful ERP implementation.Which of them was best achieved in the case?

A)Communicating strategic goals clearly.
B)Viewing ERP as an enterprise-wide venture.
C)Ensuring data accuracy.
D)All of these.
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38
Which of the following are conditions commonly associated with a successful ERP implementation?

A)Obtaining organizational commitment
B)Communicating strategic goals clearly
C)Both obtaining organizational commitment and communicating strategic goals clearly
D)Neither obtaining organizational commitment nor communicating strategic goals clearly
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Unlock Deck
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39
TNG Corporation implemented an ERP system using the steps in the systems development life cycle.Which of the following statements is most true?

A)The systems development life cycle is an inappropriate tool for implementing an ERP system.
B)TNG is unlikely to suffer from poor project management.
C)Top management leadership is unnecessary when a company uses the systems development life cycle.
D)TNG can omit requirements analysis as a step in the systems development life cycle.
Unlock Deck
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40
Please consider the following short case as you respond to the question: Sue and Sally are partners in a small local bakery specializing in wedding and birthday cakes.They use a simple Excel spreadsheet to record journal entries and prepare financial statements and tax returns.Robert, the owner of a consulting company that installs and maintains ERP systems, has recently approached them about the possibility of implementing an ERP system in their operations.If they accept his offer, Robert will provide a series of online tutorials to help them learn about the new system.Sue and Sally believe the implementation of the ERP system will make it easier for them to borrow money to expand the bakery.Based on the information in the case, all parties need to be concerned with which of the following common causes of ERP implementation failure?

A)Inaccurate data in the system
B)Unrealistic expectations
C)Both inaccurate data in the system and unrealistic expectations
D)Neither inaccurate data in the system nor unrealistic expectations
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41
Both e-business and ASPs can provide benefits for organizations.Which of the following best pairs a potential benefit of e-business with a potential benefit of using an ASP?

A)Quicker service delivery, increased flexibility
B)Geographic market expansion, role in disaster recovery plans
C)Quicker service delivery, role in disaster recovery plans
D)Geographic market expansion, reduced consequences for technology breakdowns
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Unlock Deck
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42
Well-known enterprise resource planning systems include: (i) Oracle's PeopleSoft, (ii) SAP, (iii) Microsoft Excel.

A)I and II only
B)I and III only
C)II and III only
D)I, II and III
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Unlock Deck
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43
With respect to an ASP, service interruptions and compromised data would be most effectively addressed with:

A)An enterprise risk management plan.
B)A systems flowchart.
C)The steps in the accounting cycle.
D)The capability maturity model.
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44
STC Corporation's enterprise resource planning system contains a cash payments table, a cash receipts table and a cash table.The cash payments table is most likely to be part of which ERP module?

A)CRM
B)HRM
C)SCM
D)Financial management
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45
SSAE 16 includes three broad types of SOC Reports.SOC 1 reports on:

A)ERP systems.
B)the COSO framework.
C)controls over security, availability, processing integrity, confidentiality or privacy.
D)controls relevant to user entities internal control over financial reporting.
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46
An ASP specializes in software applications for government agencies.It is best described as which type of ASP?

A)Enterprise
B)Vertical market
C)Volume business
D)Application
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47
Consider the following short case as you respond to the question: Scott and Logan are the CEO and CFO of MLN Corporation.The firm has lately been losing customers to MLN's competitors; Scott and Logan believe an ERP system could help MLN obtain more timely information that will enable them to retain old customers and acquire new ones.They formed a six-person team with representatives from three of MLN's ten departments and instructed them to use the steps in the systems development life cycle to choose and implement an ERP system.A year later, the team had completed its work and implemented the system by transferring data from MLN's general ledger software to the ERP system.Umble and Umble suggested six necessary conditions for a successful ERP implementation.Which of the following is most closely related to communicating strategic goals clearly?

A)The firm has lately been losing customers to MLN's competitors.
B)They formed a six-person team.
C)A year later, the team had completed its work.
D)Use the steps in the systems development life cycle.
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48
STC Corporation's enterprise resource planning system contains a cash payments table, a cash receipts table and a cash table.The three tables are linked via which of the following fields?

A)Cash
B)Account number
C)Currency
D)Some other field
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49
As a form of internal control, an SSAE 16 audit is least likely to address which of the following risks associated with ASPs?

A)Compromised data
B)Inability to pay monthly fees
C)Financial costs associated with setting up a computer network
D)Cost of purchasing software
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50
STC Corporation's enterprise resource planning system contains a cash payments table, a cash receipts table and a cash table.The cash table is most likely to be part of which ERP module?

A)CRM
B)HRM
C)SCM
D)Financial management
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Unlock Deck
k this deck
51
STC Corporation's enterprise resource planning system contains a cash payments table, a cash receipts table and a cash table.The cash receipts table is most likely to be part of which ERP module?

A)CRM
B)HRM
C)SCM
D)Financial management
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
52
Consider the following short case as you respond to the question: Scott and Logan are the CEO and CFO of MLN Corporation.The firm has lately been losing customers to MLN's competitors; Scott and Logan believe an ERP system could help MLN obtain more timely information that will enable them to retain old customers and acquire new ones.They formed a six-person team with representatives from three of MLN's ten departments and instructed them to use the steps in the systems development life cycle to choose and implement an ERP system.A year later, the team had completed its work and implemented the system by transferring data from MLN's general ledger software to the ERP system.Umble and Umble suggested six necessary conditions for a successful ERP implementation.Which of the following pieces of advice is most applicable to MLN?

A)Form a smaller implementation team.
B)Ensure that the implementation team has wider representation.
C)Both form a smaller implementation team and ensure that the implementation team has wider representation.
D)Neither form a smaller implementation team nor ensure that the implementation team has wider representation.
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53
Within the context of ERP systems, a module is:

A)a part of the program aligned with a specific function of the organization.
B)another name for a database table.
C)Both a part of the program aligned with a specific function of the organization and another name for a database table.
D)Neither a part of the program aligned with a specific function of the organization nor another name for a database table.
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54
Both e-business and ASPs create risks and costs for organizations.Which of the following best pairs a potential cost of e-business with a potential risk of using an ASP?

A)Potential for customer distrust, inability to pay monthly fees
B)Financial costs associated with setting up networks, reduced flexibility
C)Potential for customer distrust, psychological & behavioral factors
D)Financial costs associated with setting up networks, psychological & behavioral factors
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55
STC Corporation's enterprise resource planning system contains a cash payments table, a cash receipts table and a cash table.Foreign keys in the cash payments table would include: (i) vendor ID, (ii) account number, (iii) cash payment date.

A)I and II only
B)I and III only
C)II and III only
D)I, II and III
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Unlock Deck
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56
An organization that provides a contractual service to deploy, host and manage applications for customers remotely from a centralized location is called an:

A)Enterprise resource planning consultant
B)Application service provider
C)Enterprise service provider
D)Application service planning consultant
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57
A corporation hired an ERP consultant to recommend an ASP for its payroll processing.In a systems flowchart of the payroll process, which of the following is most likely to be outside the system boundary?

A)ERP consultant
B)ASP
C)Both ERP consultant and ASP
D)Neither ERP consultant nor ASP
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58
SSAE 16 is a form of ___ with respect to an ASP.

A)internal control
B)information technology
C)Both internal control and information technology
D)Neither internal control nor information technology
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59
STC Corporation's enterprise resource planning system contains a cash payments table, a cash receipts table and a cash table.Foreign keys in the cash receipts table would include: (i) customer ID, (ii) account number, (iii) cash receipt date.

A)I and II only
B)I and III only
C)II and III only
D)I, II and III
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Unlock Deck
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60
Virtually all ERP systems are organized in:

A)database queries.
B)spreadsheets.
C)modules.
D)application service providers.
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61
TWR Corporation attempted to implement its first ERP system using the systems development life cycle, but the project was deemed a failure.Some of the actions that led to the failure are listed below.For each one, indicate the major cause of ERP implementation failure suggested by Umble and Umble that most clearly applies.Do not use any major cause more than once.
a.Employees using the ERP system were expected to learn how to use the system after it was operational.
b.Employees who input information to the system made errors.
c.Only employees from the information systems department were on the project team.
d.The company president missed most of the planning meetings.
e.The ERP project team leader predicted a 90% reduction in information technology costs after the system was implemented.
f.The project team leader promised that no-one would lose their job as a result of ERP system implementation.
g.The project team skipped steps in the systems development life cycle.
h.The system implemented could not be customized for TWR's operations.
i.TWR continued to rely on paper-based forms and spreadsheet software to track inventory.
j.TWR's existing computers could not run the software fast enough.
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62
The chapter discussed five types of ASPs: (a) enterprise, (b) local/regional, (c) specialist, (d) vertical market and (e) volume business.Which of the five types best describes each of the following?
1.Attendance and vacation tracking for small businesses in St Louis
2.Credit card processing for retail department stores
3.Diverse IT-related services for mid-range businesses in Shreveport
4.ERP systems
5.Online employee training
6.Payroll processing for banks and other financial institutions
7.Pension fund management
8.Recruiting executives for the Fortune 500
9.Several marketing-related services for small business
10.Small business general ledger software in Dallas
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63
Bumble Beasley runs a medium-sized consulting firm with offices throughout the United States and Europe.For the past several years, the firm has provided continuing education to its 500 employees via monthly seminars in various locations.But, travel costs are becoming prohibitively expensive, leading Bumble to look for other ways to provide continuing education.Bumble has contacted Training Services Unlimited, an application service provider that specializes in delivering Web-based training on various topics to professional services firms.What type of ASP is Training Services Unlimited? What are the advantages and disadvantages of using their services? Discuss the nature and value of an SSAE 16 audit within the context of this case.
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64
Reliable Reminder Services is a small company that, for a fee, assists its clients in remembering important dates, purchasing and sending greeting cards and providing specialized shopping services for occasions like birthdays and anniversaries.The company's owners want to use an application service provider to develop and host a web page that will help them attract new clients.They completed the following steps to select an ASP:
Choose an ASP from the finalists.Conduct in-house interviews.Contact references provided by finalists.Develop request for proposals from ASPs.Evaluate submitted proposals.Negotiate a contract with the selected ASP.Select top five proposals.Select top three proposals.Send thank you letters to rejected ASPs.Send the original contract to the ASP; retain an electronic copy in the database.Put the steps in order and prepare a systems flowchart of the ASP selection process; assume that all steps occur in the same department.Ensure that your flowchart conforms to the principles discussed in the text.
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65
Organizations that implement ERP systems bear the risk of project failure for a variety of reasons, one of which is inadequate education and training.Complete the table below to develop an enterprise risk management plan that addresses that risk.
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66
CSB Corporation has used traditional general ledger software to maintain its accounting records.However, the company is now growing and needs more sophisticated information technology that will provide more comprehensive information for running the firm.Recommend a form of information technology that will meet CSB's need; describe the basic nature, purpose and structure of the IT you recommend.
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67
PLM Corporation was preparing to implement its first ERP system.Several actions taken by the ERP project team to promote the project's success are listed below.Which of Umble and Umble's six conditions for successful ERP implementation best describes each one?
a.Asked internal auditors to review the work of employees who input data to the system
b.Conducted focus groups with selected employee groups to address concerns
c.Ensured that PLM's wireless network adequately connected all of its offices throughout the United States
d.Included employees from all departments on the ERP project team
e.Incorporated echo checks as a form of internal control to reduce employee mistakes
f.Interviewed company executives to determine if they truly supported the project
g.Published a monthly newsletter on the role of the ERP system in improving competitiveness
h.Set up demonstrations to show employees how the ERP system would allow them to get better information more quickly
i.Solicited suggestions from all employees about how to improve business processes
j.Visited similar companies to learn about their experiences with ERP software
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68
According to the table presented in the text, which major form of e-business describes each of the following?
a.Dell Computers
b.eBay
c.EDGAR
d.Internal Revenue Service
f.Travelocity
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69
Jose is an artist specializing in family portraits.Although his business started as a traditional "brick and mortar" enterprise, he is now interested in expanding into e-business.He has hired you as a consultant; explain four changes Jose is likely to see if he expands into the e-business arena.
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70
List and briefly discuss five major forms of e-business.
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71
JRS Corporation attempted to install an enterprise resource planning system with very poor results.The project took significantly longer than expected; actual costs exceeded budgeted costs by a significant margin.In addition, the system has been poorly utilized because it was never completed.The management of JRS has hired you to bring the project to a successful completion.Write a letter to management explaining three common causes of ERP implementation failure; also make four recommendations that will help them be more successful with the implementation now.
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72
Indicate one ERP module where you would expect to find information about each of the following items.
a.Accrued vacation time
b.All transactions affecting cash
c.Chart of accounts
d.Client name
e.Date of last inventory purchase
f.Pension plan data
g.Projected profits
h.Sales history
i.Shareholder names and addresses
j.Vendor quality ratings
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73
Fill in the blanks below based on the benefits and costs of e-business discussed in the chapter.
a.___ markets
b.Financial costs associated with ___
c.Geographic ___
d.More ___ marketing
e.Need to develop different ___ systems
f.Potential for ___
g.Quicker ___ delivery
h.Reduced ___
i.Severe consequences for ___
j.Streamlined ___
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74
Enterprise resource planning systems are a sophisticated form of relational database technology; one common ERP system module is customer relationship management.Create database specifications (table names and field names) for three tables you would expect to find in an ERP system's customer relationship management module.At least one of the tables must be a junction table.Indicate primary keys by underlining and foreign keys with brackets; ensure that each table is in 3NF.
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75
Enterprise resource planning systems are a sophisticated form of relational database technology; one common ERP system module is supply chain management.Organize the field names below into four tables you would expect to find in an ERP system's supply chain management module.Indicate primary keys by underlining and foreign keys with brackets; ensure that each table is in 3NF.Beginning date
Beginning units on hand
Cost per unit of beginning inventory
Cost per unit purchased
Employee ID
Item description
Item number
Location of supplier
Purchase order number
Quantity purchased
Supplier name
Transaction date
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