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Exam 9: Enterprise Systems

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Question 51

True/False

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Organizations can experience difficulties in linking their ERP system to their B2B or B2C systems that can result in over $1 million a month in lost revenue.

A) True
B) False

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Question 52

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What type of ERP systems do many SMEs elect to implement?

A) proprietary ERP systems
B) in-house developed ERP systems
C) custom-coded ERP systems
D) open-source ERP systems

E) None of the above
F) All of the above

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Question 53

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The systematic process for developing a production plan for a manufacturing organization starts with ____________________ to develop an estimate of future customer demand.

Which of the following best describes an enterprise resource planning system?

SME stands for small and medium-size enterprises where small is defined as an enterprise with less than ____________________ employees.

Transaction processing systems support the capture and processing of detailed data necessary to update the fundamental business operations of the organization.

The transaction processing cycle includes data collection, data editing, data correction, data storage, and ____________________.

Identify the common set of basic transaction processing activities performed by every TPS.

What is a characteristic of a TPS (Transaction Processing System) solutions for SMEs?

With an OLTP system, each transaction is accumulated over a period of time and prepared for processing in a large batch of similar transactions.

Define the scope and goals of supply chain management.

TPS often perform activities related to customer contacts and thus play a critical role in providing value to the customer.

What do many business application software vendors encourage SMEs to use to help them acquire, make use of, and benefit from new technology while avoiding much of the associated complexity and high start-up costs?

Which of the following is a disadvantage of ERP systems?