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How does securing executive sponsorship contribute to an enterprise resource planning's success?

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The primary reason that enterprise syste...

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Applications that integrate business activities across departmental boundaries are often referred to as ________ planning systems.


A) manufacturing resource
B) computer-integrated
C) capacity requirement
D) enterprise resource
E) materials requirement

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Which of the following is true regarding enterprise resource planning (ERP) ?


A) It stores data in different locations.
B) It is an older version of materials requirement planning.
C) It helped in developing the manufacturing resource planning package.
D) Stand-alone applications are a developed version of ERP.
E) It makes the process of sharing information between business activities easier.

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Which of the following statements is true of packaged and custom software?


A) Packaged software are applications that are designed and developed exclusively for a specific organization.
B) The development costs of custom software are much higher than for packaged software because of the time, money, and resources that are required to design and develop them.
C) Packaged software is well suited for tasks that are unique to a particular business.
D) Custom software is cost effective since the vendor that builds the application can spread out development costs through selling to a large number of users.
E) Custom software is highly useful for standardized, repetitive tasks, such as writing a report or preparing a presentation.

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Systems that focus on the specific needs of individual departments and are not designed to communicate with other systems in the organization are referred to as ________.


A) internally focused applications
B) externally focused systems
C) stand-alone applications
D) enterprise-wide systems
E) enterprise-information systems

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An effective ________ process can help to obtain favorable conditions,reduce transaction costs,and,ultimately,create customer goodwill as it helps to efficiently fulfill customer orders.


A) procure-to-pay
B) procure-to-buy
C) find-to-buy
D) procure-to-sell
E) find-to-sell

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Industry surveys have shown that 50 percent of companies that undertake enterprise system implementations did not realize any benefits.

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Inbound logistics involves business activities associated with ________.


A) distributing end products within the order-to-cash business process
B) creating marketing literature
C) communicating with potential and existing customers
D) receiving and stocking raw materials, parts, and products
E) order processing

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A system that communicates across organizational boundaries is also referred to as a(n) ________ system.


A) legacy
B) interorganizational
C) intraorganizational
D) internally focused
E) stand-alone

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________ immediately after the purchase order is issued in the procure-to-pay process.


A) Payment is settled
B) Price and terms are negotiated
C) Credit is checked
D) Goods are received
E) Invoices are received

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________ activities encompass all business activities associated with employee management,such as hiring,interview scheduling,payroll,and benefits management.


A) Human resource
B) Technology development
C) Procurement
D) Account
E) Architectural

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There are two major categories of enterprise resource planning (ERP)components-ERP core components and ERP extended components.

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Designing and developing applications that support the primary business activities are a part of the ________ activities.


A) operations and manufacturing
B) outbound logistics
C) technology development
D) procurement
E) inbound logistics

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Briefly explain the order-to-cash process.

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For business organizations,selling produ...

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Two-tier ERP strategy can support operations at the corporate level,while providing the needed ________ at the subsidiary level.


A) interoperability and reliability
B) reliability and componentization
C) flexibility and agility
D) interoperability and accessibility
E) scalability and manageability

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Write a short note on the make-to-stock and make-to-order process.

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In the make-to-stock process,goods are p...

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Briefly explain the procure-to-pay process.

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Online retailers need to manage supplier...

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Components to support accounting,performance management,and corporate governance are called ________management.


A) human resource
B) operations
C) financial
D) personal
E) organizing

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The organization waits for an order,allowing the organization to initiate a ________ sequence to move the order through the production process.


A) pushing
B) rotating
C) working
D) pulling
E) propelling

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________ software are applications written by third-party vendors that are used by many different users and organizations.


A) Packaged
B) Custom
C) Bespoke
D) Personalized
E) Tailored

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