Professional Documents
Culture Documents
Chapter 8 - Version1
Chapter 8 - Version1
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management information systems.
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14) Plan, source, make, deliver, and return are the five
basic supply chain management components.
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15) Plan, source, give, get, and return are the five basic
supply chain management components.
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between functions within a firm—such as marketing, sales,
finance, manufacturing, and distribution—and between firms.
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33) The bullwhip effect occurs when distorted product- throughout the supply
demand information ripples from one partner to the next chain.
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35) Electronic data interchange occurs when distorted next throughout the supply
product-demand information ripples from one partner to the chain.
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38) Logistics includes the processes that control the personnel to support the
distribution, maintenance, and replacement of materials and supply chain.
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52) RFID supports procurement.
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59) Robotics supports procurement.
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61) The maker movement is a cultural trend that places well as a consumer of
value on an individual’s ability to be a creator of things as things.
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62) The robotics movement is a cultural trend that places well as a consumer of
value on an individual’s ability to be a creator of things as things.
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65) A drone is an unmanned aircraft that can fly drone aircraft for package
autonomously, or without a human. Amazon.com is piloting deliveries.
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66) The primary difference between operational CRM and organization and its
analytical CRM is the direct interaction between the suppliers.
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71) Contact management falls in the category of the
customer service department’s CRM tools.
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72) Customer service and support (CSS) is a part of product returns, and
operational CRM that automates service requests, complaints, information requests.
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service systems allow customers to use the web to find
answers to their questions or solutions to their problems.
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82) Operational CRM supports back-office operations and directly with the
strategic analysis and includes all systems that do not deal customers.
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systems gather product details and issue resolution for the representative to
information that can be automatically generated into a script read to the customer.
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88) Uplift modeling is a form of predictive analytics for or people who could be
marketing campaigns that attempts to identify target markets convinced to buy products.
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98) SCM, CRM, and ERP are all extended ERP
components.
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101) The goal of ERP is to integrate all of the experience rapid change,
organizational systems into one fully functioning, high- and ERP must support
performance system that is capable of meeting all business mobility, cloud, SaaS, and
needs and user requirements. Of course, this goal is incredibly tiered architectures
difficult to achieve because businesses and technologies
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MULTIPLE CHOICE - Choose the one alternative that with each other,
best completes the statement or answers the question. eliminating the need for
103) What allows separate systems to communicate directly manual entry into multiple
systems?
C) hybrid ERP
A) integration D) logistics
B) chatbot
D) application
A) forward integration interchange
B) data interchange
C) backward integration
D) application
A) forward integration interchange
B) data interchange
C) backward integration
D) application
A) forward integration interchange
B) data interchange
C) data integration
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D) application
A) application integration interchange
B) data interchange
C) data integration
D) application
A) enterprise systems integration
B) enterprise application integration
C) middleware
D) order entry
A) data integration system
B) enterprise application integration
C) middleware
D) order entry
A) data integration system
B) enterprise application integration
C) middleware
C) sending
A) the integration of a company’s existing information entered into a
management information systems given system automatically
B) the integration of data from multiple sources, to all downstream systems
which provides a unified view of all data and processes
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D) sending information entered into a given system
automatically to all upstream systems and processes
D) sending
A) the integration of a company’s existing information entered into a
management information systems given system automatically
B) the integration of data from multiple sources, to all upstream systems
which provides a unified view of all data and processes
C) sending information entered into a given system
automatically to all downstream systems and processes
D) sending
A) the integration of a company’s existing information entered into a
management information systems given system automatically
B) the integration of data from multiple sources, to all upstream systems
which provides a unified view of all data and processes
C) sending information entered into a given system
automatically to all downstream systems and processes
D) sending
A) the integration of a company’s existing information entered into a
management information systems given system automatically
B) the ntegration of data from multiple sources, to all upstream systems
which provides a unified view of all data and processes
C) sending information entered into a given system
automatically to all downstream systems and processes
A) the integration
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of a company’s existing management information systems D) enterprisewide
B) the integration of data from multiple sources, support and data access for
which provides a unified view of all data a firm’s operations and
C) sending information entered into a given system business processes
automatically to all downstream systems and processes
D) enterprisewide
A) connects the plans, methods, and tools aimed at support and data access for
integrating separate enterprise system a firm’s operations and
B) the integration of data from multiple sources, business processes
which provides a unified view of all data
C) sending information entered into a given system
automatically to all downstream systems and processes
D) packaging
A) the use of the Internet to provide customers with commonly used
the ability to gain personalized information by querying applications together,
corporate databases and their information sources reducing the time needed
B) the integration of data from multiple sources, to integrate applications
which provides a unified view of all data from multiple vendors
C) the translation of information between disparate
systems
D) enterprise
A) supply chain management resource planning
B) customer relationship management
C) reputation management system
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and retention and an
A) the management of information flows between organization’s profitability
and among activities in a supply chain to maximize total D) a means of
supply chain effectiveness and corporate profitability connecting the plans,
B) a means of taking information entered into a methods, and tools aimed
given system and sending it automatically to all downstream at integrating separate
systems and processes enterprise system
C) a means of managing all aspects of a customer’s
relationship with an organization to increase customer loyalty
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122) In which of the five basic supply chain activities do
you prepare to manage all resources required to meet
demand?
C) deliver
A) plan D) return
B) source
C) deliver
A) plan D) return
B) source
C) deliver
A) plan D) make
B) source
C) deliver
A) plan D) return
B) source
C) deliver
A) plan D) return
B) source
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127) Where would you find the customer’s customer in a typical supply chain?
D) not in the
A) upstream supply chain
B) downstream
C) in the middle
D) not in the
A) upstream supply chain
B) downstream
C) in the middle
D) not in the
A) upstream supply chain
B) downstream
C) in the middle
D) distribution;
A) manufacturing; distribution stores
B) distribution; manufacturing
C) stores; distribution
B) increase its
A) increase the power of its buyers supplier power
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C) increase switching costs to increase the threat of D) All of the
substitute products or services answer choices are correct.
C) cost
A) plan D) deliver
B) source
C) analyze
A) plan D) deliver
B) source
C) sale
A) plan D) deliver
B) source
D) All of the
A) bullwhip effect answer choices are correct.
B) source effect
C) supply chain effect
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D) the ability
A) organizations know about employee events exists to view all areas up
triggered downstream in the supply chain. and down the supply chain.
B) customers receive distorted product demand
information regarding sales information.
C) distorted product-demand information ripples
from one partner to the next throughout the supply chain.
137) What is the ability to view all areas up and down the
supply chain in real time?
D) inventory
A) bullwhip effect cycle time
B) optimization analytics
C) supply chain visibility
D) transportation
A) operationalized analytics and logistics optimization
B) supply chain optimization
C) inventory optimization
D) transportation
A) operationalized analytics and logistics optimization
B) supply chain optimization
C) inventory optimization
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D) transportation
A) operationalized analytics and logistics optimization
B) supply chain optimization
C) inventory optimization
141) What focuses on the efficient movement of products strategies, and support to
through effective transportation management by evaluating find the lowest cost
multiple transportation modes, carriers, routes, shipping combination?
D) transportation
A) operationalized analytics and logistics optimization
B) supply chain optimization
C) inventory optimization
D) inventory
A) back order turnover
B) inventory cycle time
C) customer order cycle time
D) inventory
A) back order turnover
B) inventory cycle time
C) customer order cycle time
C) customer
A) back order
B) inventory cycle time
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order cycle time
D) inventory turnover
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145) Which of the following metrics represents the
frequency of inventory replacement?
D) inventory
A) back order turnover
B) inventory cycle time
C) customer order cycle time
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product and the delivery of
A) an unfilled customer order for a product that is the product
out of stock D) the frequency
B) the time it takes to manufacture a product and of inventory replacement
deliver it to the retailer
C) the agreed-upon time between the purchase of a
D) All of the
A) logistics answer choices are correct.
B) procurement
C) materials management
D) bullwhip
A) procurement effect
B) logistics
C) materials management
152) What includes the processes that control the personnel to support the
distribution, maintenance, and replacement of materials and supply chain?
D) bullwhip
A) procurement effect
B) logistics
C) materials management
B) logistics
A) procurement C) materials
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management
D) bullwhip effect
D) occurs when
A) the purchasing of goods and services to meet the distorted product-demand
needs of the supply chain information ripples from
B) includes the processes that control the one partner to the next
distribution, maintenance, and replacement of materials and throughout the supply
personnel to support the supply chain chain
C) includes activities that govern the flow of
tangible, physical materials through the supply chain such as
shipping, transport, distribution, and warehousing
D) occurs when
A) the purchasing of goods and services to meet the distorted product-demand
needs of the supply chain information ripples from
B) includes the processes that control the one partner to the next
distribution, maintenance, and replacement of materials and throughout the supply
personnel to support the supply chain chain
C) includes activities that govern the flow of
tangible, physical materials through the supply chain such as
shipping, transport, distribution, and warehousing
shipping, transport,
A) the purchasing of goods and services to meet the
needs of the supply chain
B) includes the processes that control the
distribution, maintenance, and replacement of materials and
personnel to support the supply chain
C) includes activities that govern the flow of
tangible, physical materials through the supply chain such as
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distribution, and warehousing
D) occurs when distorted product-demand
information ripples from one partner to the next throughout
the supply chain
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157) What acquires raw materials and resources and
distributes them to manufacturing as required?
C) logistics
A) inbound logistics D) procurement
B) outbound logistics
C) logistics
A) inbound logistics D) procurement
B) outbound logistics
159) What includes the increasingly complex management product from cradle to
of processes, information, and communication to take a grave?
D) cradle-to-
A) procurement grave
B) outbound logistics
C) logistics
guarantee profitability?
A) What quantity of raw materials should we D) What path
purchase to minimize spoilage? should the vehicles follow
B) How can we guarantee that our raw materials when delivering the
meet production needs? goods?
C) At what price can we purchase materials to
B) What items
A) What are our current inventory levels? are running low in the
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warehouse? D) All of the
C) What items are at risk of spoiling in the answer choices are correct.
warehouse?
without a human
A) a process that builds—layer by layer in an D) a focus on
additive process—a three-dimensional solid object from a creating artificial
digital model intelligence devices that
B) uses electronic tags and labels to identify objects can move and react to
wirelessly over short distances sensory input
C) unmanned aircraft that can fly autonomously, or
without a human
A) a process that builds—layer by layer in an D) a focus on
additive process—a three-dimensional solid object from a creating artificial
digital model intelligence devices that
B) the use of electronic tags and labels to identify can move and react to
objects wirelessly over short distances sensory input
C) unmanned aircraft that can fly autonomously, or
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from a digital model that can move and react to
B) the use of electronic tags and labels to identify sensory input
objects wirelessly over short distances
C) unmanned aircraft that can fly autonomously, or
without a human
D) a focus on creating artificial intelligence devices
without a human
A) a process that builds—layer by layer in an D) creating
additive process—a three-dimensional solid object from a artificial intelligence
digital model devices that can move and
B) the use of electronic tags and labels to identify react to sensory input
objects wirelessly over short distances
C) unmanned aircraft that can fly autonomously, or
C) drones
A) 3D printing D) RFID
B) robotics
C) drones
A) 3D printing D) RFID
B) robotics
B) robotics
A) 3D printing
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C) drones
D) RFID
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170) What uses electronic tags and labels to identify objects
wirelessly over short distances?
C) drones
A) 3D printing D) RFID
B) robotics
the public
A) software used by architects, engineers, drafters, D) software and
artists, and others to create precision drawings or technical machinery to facilitate and
illustrations automate manufacturing
B) a cultural trend that places value on an processes
individual’s ability to create things
C) a community center that provides technology,
manufacturing equipment, and educational opportunities to
the public
A) software used by architects, engineers, drafters, D) software and
artists, and others to create precision drawings or technical machinery to facilitate and
illustrations automate manufacturing
B) a cultural trend that places value on an processes
individual’s ability to create things
C) a community center that provides technology,
manufacturing equipment, and educational opportunities to
consumer of things
A) software used by architects, engineers, drafters, C) a community
artists, and others to create precision drawings or technical center that provides
illustrations technology, manufacturing
B) a cultural trend that places value on an equipment, and
individual’s ability to be a creator of things as well as a educational opportunities
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to the public automate manufacturing
D) software and machinery to facilitate and processes
unaffordable
A) a system used to create the digital designs and D) a unique serial
then manufacture the products number associated with the
B) a cultural trend that places value on an RFID tag that promotes
individual’s ability to be a creator of things as well as a serialization or the ability
consumer of things to track individual items
C) a community center that provides technology,
manufacturing equipment, and educational opportunities to
the public that would otherwise be inaccessible or
D) computer-
A) maker movement aided design
B) computer-aided manufacturing
C) makerspace
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177) What is a community center that provides technology, the public that would
manufacturing equipment, and educational opportunities to otherwise be inaccessible
or unaffordable?
D) RFID
A) computer-aided design electronic product code
B) computer-aided manufacturing
C) makerspace
D) RFID
A) computer-aided design electronic product code
B) computer-aided manufacturing
C) makerspace
C) drone
A) Raspberry Pi D) robotics
B) digital supply chain
C) drone
A) Raspberry Pi D) robotics
B) digital supply chain
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D) All of the
A) sensors answer choices are correct.
B) navigation
C) stabilization
D) customer’s
A) accounting system personal computer
B) order fulfillment system
C) inventory system
C) processing
A) reporting D) predicting
B) analyzing
D) sales
A) lead opportunity
B) account
C) contact
D) sales
A) lead opportunity
B) account
C) contact
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186) Who is a specific individual representing an account?
D) sales
A) lead opportunity
B) accountant
C) contact
D) sales
A) lead opportunity
B) account
C) contact
188) What is a form of predictive analytics for marketing who could be convinced to
campaigns that attempts to identify target markets or people buy products?
D) sales
A) lead analysis opportunity
B) RFM analysis
C) uplift modeling
D) CRM
A) CRM reporting technologies predicting technologies
B) CRM analyzing technologies
C) CRM processing technologies
D) CRM
A) CRM reporting technologies predicting technologies
B) CRM analyzing technologies
C) CRM processing technologies
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191) What is an organization using when it asks questions
such as "which customers are at risk of leaving"?
D) CRM
A) CRM reporting technologies predicting technologies
B) CRM analyzing technologies
C) CRM processing technologies
D) None of the
A) Why did sales not meet forecasts? answer choices are correct.
B) What customers are at risk of leaving?
C) What is the total revenue by customer?
D) None of the
A) Why did sales not meet forecasts? answer choices are correct.
B) What customers are at risk of leaving?
C) What is the total revenue by customer?
D) None of the
A) Why did sales not meet forecasts? answer choices are correct.
B) What customers are at risk of leaving?
C) What is the total revenue by customer?
A) campaign
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management, contact management, opportunity management D) sales
management, contact
B) sales management, contact management, contact management, opportunity
center management
C) sales management, call scripting, opportunity
management
C) up-selling
A) sales opportunity D) list generator
B) cross-selling
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campaigns performing such tasks as campaign definition,
planning, scheduling, segmentation, and success analysis?
C) up-selling
A) campaign management system D) list generator
B) cross-selling
C) up-selling
A) uplift modeling D) down-selling
B) cross-selling
202) What automates each phase of the sales process, organize all of their
helping individual sales representatives coordinate and accounts?
D) optimization
A) sales management CRM system analytics
B) contact management CRM system
C) opportunity management CRM system
C) opportunity
A) sales management CRM system
B) contact management CRM system
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management CRM system
D) optimization analytics
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204) What targets sales opportunities by finding new
customers or companies for future sales?
D) sales force
A) sales management CRM system automation CRM system
B) contact management CRM system
C) opportunity management CRM system
205) Which of the following was one of the first CRM required to maintain and
components built to address the overwhelming amount of track?
customer account information sales representatives were
D) contact
A) sales management system management system
B) opportunity management system
C) sales force automation system
D) uplift
A) contact center modeling
B) web-based self-service
C) call scripting
D) uplift
A) contact center modeling
B) web-based self-service
C) call scripting
208) What accesses organizational databases that track similar issues or questions
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and automatically generates the details to the customer service
representative who can then relay them to the customer?
D) uplift
A) contact center modeling
B) web-based self-service
C) call scripting
available agents
A) a technology that automatically dials outbound D) an attempt to
calls and when someone answers, the call is forwarded to an increase the amount of a
available agent sale
B) a technology that directs customers to use touch-
tone phones or keywords to navigate or provide information
C) a phone switch that routes inbound calls to
available agents
A) a technology that automatically dials outbound D) an attempt to
calls and when someone answers, the call is forwarded to an increase the amount of a
available agent sale
B) a technology that directs customers to use touch-
tone phones or keywords to navigate or provide information
C) a phone switch that routes inbound calls to
available agents
A) a technology that automatically dials outbound D) an attempt to
calls and when someone answers, the call is forwarded to an increase the amount of a
available agent sale
B) a technology that directs customers to use touch-
tone phones or keywords to navigate or provide information
C) a phone switch that routes inbound calls to
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212) What is a contact center or call center?
customer
A) a place where customer service representatives D) a form of
answer customer inquiries and solve problems, usually by predictive analytics for
email, chat, or phone marketing campaigns that
B) a technology that allows customers to use the attempts to identify target
web to find answers to their questions or solutions to their markets or people who
problems could be convinced to buy
C) a technology that gathers product details and products
issue resolution information that can be automatically
generated into a script for the representative to read to the
customer
A) a place where customer service representatives D) a form of
answer customer inquiries and solve problems, usually by predictive analytics for
email, chat, or phone marketing campaigns that
B) a technology that allows customers to use the attempts to identify target
web to find answers to their questions or solutions to their markets or people who
problems could be convinced to buy
C) a technology that gathers product details and products
issue resolution information that can be automatically
generated into a script for the representative to read to the
customer
A) a place where customer service representatives D) a form of
answer customer inquiries and solve problems, usually by predictive analytics for
email, chat, or phone marketing campaigns that
B) a technology that allows customers to use the attempts to identify target
web to find answers to their questions or solutions to their markets or people who
problems could be convinced to buy
C) a technology that gathers product details and products
issue resolution information that can be automatically
generated into a script for the representative to read to the
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215) What is uplift modeling?
customer
A) a place where customer service representatives D) a form of
answer customer inquiries and solve problems, usually by predictive analytics for
email, chat, or phone marketing campaigns that
B) a technology that allows customers to use the attempts to identify target
web to find answers to their questions or solutions to their markets or people who
problems could be convinced to buy
C) a technology that gathers product details and products
issue resolution information that can be automatically
generated into a script for the representative to read to the
D) uplift
A) contact center modeling
B) customer segmentation
C) customer center
D) revenue
A) number of new prospective customers generated by marketing
B) number of marketing campaigns campaigns
C) average time to resolution
218) What is properly addressing the customer’s need the customer to follow up with
first time they call, thereby eliminating the need for the a second call?
D) call center
A) first call resolution
B) contact center
C) average time to resolution
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219) Which of the following is a common marketing CRM metric?
D) cost per
A) number of new prospective customers interaction by marketing
B) average number of service calls per day campaign
C) average time to resolution
D) customer
A) cross-selling service and support
B) first call resolution
C) campaign management system
D) customer
A) cross-selling service and support
B) first call resolution
C) campaign management system
D) customer
A) cross-selling service and support
B) first call resolution
C) campaign management system
D) customer
A) up-selling service and support
B) first call resolution
C) campaign management system
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224) What is properly addressing the customer's need the customer to follow up with
first time they call, thereby eliminating the need for the a second call?
D) customer
A) first call resolution lifetime value
B) omnichannel analytics
C) customer profitability
D) customer
A) first call resolution lifetime value
B) omnichannel analytics
C) customer profitability
D) customer
A) chatbot lifetime value
B) omnichannel analytics
C) customer profitability
D) customer
A) intelligent virtual agent lifetime value
B) omnichannel analytics
C) customer profitability
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simulates interactive human conversation by using key
precalculated user phrases and auditory or text-based signals?
D) customer
A) chatbot lifetime value
B) intelligent virtual agent
C) customer profitability
D) customer
A) chatbot lifetime value
B) intelligent virtual agent
C) customer profitability
C) intelligence
A) enterprise D) business
B) resource
D) a process
A) the analysis and redesign of workflow within and involving managing all
between enterprises aspects of a customer’s
B) a standardized set of activities that accomplish as relationship with an
specific task, such as processing a customer’s order organization to increase
C) a process that integrates all departments and customer loyalty and
functions throughout an organization into a single MIS system retention and an
so that employees can make decisions by viewing organization’s profitability
enterprisewide information on all business operations
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D) human
A) accounting resources
B) CRM
C) sales
D) human
A) accounting and finance resources
B) production and materials management
C) business intelligence
C) manage
A) track employee information including payroll, accounting data and
benefits, compensation, performance assessment, and assure financial processes within
compliance with the legal requirements of multiple the enterprise with
jurisdictions and tax authorities functions such as general
B) handle the various aspects of production planning ledger, accounts payable,
and execution such as demand forecasting, production accounts receivable,
scheduling, job cost accounting, and quality control budgeting, and asset
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management
D) None of the answer choices are correct.
D) production
A) accounting and finance component and materials management
B) production and managerial management component
component
C) human resource component
D) production
A) accounting and finance component and materials management
B) production and managerial management component
component
C) human resource component
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239) Which of the following is an extended ERP component?
D) All of the
A) business intelligence answer choices are correct.
B) ebusiness
C) customer relationship management
240) Which extended ERP component collects information analytical tools to assist
used throughout an organization, organizes it, and applies managers with decisions?
D) supply chain
A) business intelligence management
B) ebusiness
C) customer relationship management
C) customers
A) network D) database
B) employees
243) Which of the following occurs when everyone company’s product works
involved in sourcing, producing, and delivering the with the same information?
D) All of the
A) eliminating redundancies answer choices are correct.
B) cutting down on wasted time
C) removing misinformation
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244) Who are the primary users of SCM systems?
distributors
A) sales, marketing, and customer service D) All of the
B) accounting, finance, logistics, and production answer choices are correct.
C) customers, resellers, partners, suppliers, and
management, warehousing,
A) sales forecasts, sales strategies, and marketing inventory, and distribution
campaigns D) sales system
B) market demand, resource and capacity
constraints, and real-time scheduling
C) forecasting, planning, purchasing, material
distributors
A) sales, marketing, and customer service D) sales system
B) accounting, finance, logistics, and production
C) customers, resellers, partners, suppliers, and
D) marketing
A) customer relationship management system
B) supply chain management
C) enterprise resource planning
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D) human
A) customer relationship management resource system
B) supply chain management
C) enterprise resource planning
D) accounting
A) customer relationship management system
B) supply chain management
C) enterprise resource planning
D) sales system
A) software customization
B) data integration
C) application integration
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253) Identify the three components of supply chain
management along with the technologies that are reinventing
the supply chain.
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Answer Key
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20) FALSE
21) TRUE
22) TRUE
23) TRUE
24) TRUE
25) TRUE
26) TRUE
27) FALSE
28) FALSE
29) TRUE
30) TRUE
31) TRUE
32) TRUE
33) TRUE
34) FALSE
35) FALSE
36) TRUE
37) TRUE
38) TRUE
39) TRUE
40) TRUE
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41) TRUE
42) FALSE
43) FALSE
44) TRUE
45) TRUE
46) TRUE
47) TRUE
48) FALSE
49) TRUE
50) TRUE
51) TRUE
52) FALSE
53) TRUE
54) FALSE
55) TRUE
56) FALSE
57) TRUE
58) TRUE
59) FALSE
60) FALSE
61) TRUE
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62) FALSE
63) TRUE
64) TRUE
65) TRUE
66) FALSE
67) FALSE
68) FALSE
69) TRUE
70) FALSE
71) FALSE
72) TRUE
73) TRUE
74) FALSE
75) TRUE
76) TRUE
77) TRUE
78) FALSE
79) TRUE
80) TRUE
81) FALSE
82) FALSE
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83) TRUE
84) TRUE
85) FALSE
86) FALSE
87) TRUE
88) TRUE
89) TRUE
90) TRUE
91) FALSE
92) TRUE
93) TRUE
94) FALSE
95) TRUE
96) TRUE
97) FALSE
98) FALSE
99) TRUE
100) TRUE
101) TRUE
102) TRUE
103) A
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104) A
105) C
106) C
107) A
108) A
109) B
110) C
111) A
112) B
113) C
114) D
115) D
116) A
117) C
118) C
119) A
120) B
121) C
122) A
123) B
124) D
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125) C
126) D
127) B
128) A
129) C
130) B
131) B
132) C
133) C
134) C
135) A
136) C
137) C
138) A
139) B
140) C
141) D
142) A
143) B
144) C
145) D
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146) A
147) B
148) C
149) D
150) D
151) A
152) B
153) C
154) A
155) B
156) C
157) A
158) B
159) C
160) D
161) D
162) D
163) A
164) B
165) C
166) D
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167) A
168) B
169) C
170) A
171) A
172) D
173) B
174) C
175) D
176) A
177) C
178) D
179) A
180) B
181) D
182) D
183) C
184) A
185) B
186) C
187) D
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188) C
189) A
190) B
191) D
192) C
193) A
194) B
195) D
196) D
197) A
198) D
199) A
200) C
201) C
202) A
203) B
204) C
205) C
206) A
207) B
208) C
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209) C
210) B
211) A
212) A
213) B
214) C
215) D
216) B
217) C
218) A
219) D
220) D
221) C
222) A
223) A
224) A
225) B
226) C
227) D
228) A
229) B
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230) A
231) C
232) B
233) C
234) C
235) B
236) A
237) A
238) C
239) D
240) A
241) D
242) D
243) D
244) C
245) C
246) B
247) A
248) B
249) C
250) A
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251) Integrations allow separate systems to information sharing
communicate directly with each other, across databases
eliminating the need for manual entry into along with dramatic
multiple systems. Building integrations allows increase of quality.
252) A supply chain consists of all parties systems. Supply
involved, directly or indirectly, in obtaining chain visibility is
raw materials or a product. To automate and the ability to view
enable sophisticated decision making in these all areas up and
critical areas, companies are turning to down the supply
systems that provide demand forecasting, chain in real time.
inventory control, and information flows The primary
between suppliers and customers. Supply challenges
chain management (SCM) is the management associated with
of information flows between and among supply chain
activities in a supply chain to maximize total management
supply chain effectiveness and corporate include costs and
profitability. In the past, manufacturing efforts complexity. The
focused primarily on quality improvement next wave in supply
efforts within the company; today, these chain management
efforts reach across the entire supply chain, will be home-based
including customers, customers’ customers, supply chain
suppliers, and suppliers’ suppliers. Today’s fulfillment. No
supply chain is an intricate network of more running to the
business partners linked through store to replace your
communication channels and relationships. products because
Improved visibility across the supply chain your store will come
and increased profitability for the firm are the to you as soon as
primary business benefits received when you need a new
implementing supply chain management product.
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253) The three components of supply chain transport,
management on which companies focus to distribution, and
find efficiencies include procurement, warehousing. The
logistics, and materials management. technologies
Procurement is the purchasing of goods and reinventing the
services to meet the needs of the supply chain. supply chain
Materials management includes activities that include 3D printing,
govern the flow of tangible, physical materials RFID, drones, and
through the supply chain such as shipping, robotics.
254) Customer relationship management strategy are
(CRM) is a means of managing all aspects of a operational CRM
customer’s relationship with an organization and analytical
to increase customer loyalty and retention and CRM. Operational
an organization’s profitability. CRM allows an CRM supports
organization to gain insights into customers’ traditional
shopping and buying behaviors. Every time a transactional
customer communicates with a company, the processing for day-
firm has the chance to build a trusting to-day front-office
relationship with that particular customer. operations or
Companies that understand individual systems that deal
customer needs are best positioned to achieve directly with the
success. Building successful customer customers.
relationships is not a new business practice; Analytical CRM
however, implementing CRM systems allows supports back-office
a company to operate more efficiently and operations and
effectively in the area of supporting customer strategic analysis
needs. CRM moves far beyond technology by and includes all
identifying customer needs and designing systems that do not
specific marketing campaigns tailored to each. deal directly with
The two primary components of a CRM the customers.
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255) Enterprise resource planning (ERP) components are the
integrates all departments and functions extra components
throughout an organization into a single IT that meet
system (or integrated set of IT systems) so organizational needs
employees can make decisions by viewing not covered by the
enterprisewide information about all business core components
operations. The current generation of ERP, and primarily focus
ERP-II, is composed of two primary on external
components—core and extended. Core ERP operations.
components are the traditional components
included in most ERP systems and primarily
focus on internal operations. Extended ERP
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