Functional Structure - Correct Answer This is where structures are divided into functions, or departments, each of which are responsible for a set of closely related activities.
Examples of Functional Structures - Correct Answer Purchasing, Operations, Research and Development, Finance and Acc...
MISY 5340 - Exam 1 Questions
With Solutions
Functional Structure - Correct Answer This is where structures are divided into
functions, or departments, each of which are responsible for a set of closely related
activities.
Examples of Functional Structures - Correct Answer Purchasing, Operations, Research
and Development, Finance and Accounting, and Warehouse
Cross Functional Structures - Correct Answer These structures consist of activities that
occur in different unrelated functions or departments. No single group or function is
responsible for their execution.
Silo Effect - Correct Answer This is where workers complete their tasks without regard
to the consequences for the other components of the process.
Enterprise Systems (ES) - Correct Answer These are systems that support end-to-end
processes. They are essential to the efficient and effective execution and management
of business processes.
Enterprise Systems, with the help of IT, have greatly increased these... - Correct
Answer Profitability, Productivity, and Competitiveness
Business Processes - Correct Answer This is a set of tasks or activities that produce
desired outcomes.
Three Main Business Processes - Correct Answer Buy, Make, and Sell
Procurement Process - Correct Answer This refers to all of the activities involved in
buying or acquiring the materials used by the organization, such as raw materials
needed to make products. (BUY)
Production Process - Correct Answer This involves the actual creation of the products
within the organization. (MAKE)
Fulfillment Process - Correct Answer This consists of all the steps involved in selling
and delivering the products to the organization's customers. (SELL)
Lifecycle Data Management Process - Correct Answer This supports the design and
development of prducts from the initial product idea stage through the discontinuation of
the product. (DESIGN)
, Material Planning Process - Correct Answer This uses historical data and sales
forecast to plan which materials will be produced and procured and in what quantities.
(PLAN)
Inventory and Warehouse Management Process - Correct Answer This is used to store
and track the materials. (STORE)
Asset Management and Customer Service Process - Correct Answer These are used
to maintain internal assets such as machinery and to deliver after-sales customer
service such as repairs. (SERVICE)
Human Capital Management Process - Correct Answer This focuses on the people
within the organization and includes functions such as recruiting, hiring, training, and
benefits management. (PEOPLE)
Project Management Process - Correct Answer This is used to plan and execute large
projects such as the construction of a new factory or the production of complex products
such as airplanes. (PROJECTS)
Financial Accounting Process - Correct Answer This tracks the financial impacts of
process steps with the goal of meeting legal reporting requirements. (TRACK-
EXTERNAL)
Management Accounting or Controlling Process - Correct Answer This focuses on
internal reporting to manage cost and revenues. ( TRACK-INTERNAL)
Material - Correct Answer This encompasses all the products, components, parts, and
so on that an organization uses.
Project - Correct Answer This is temporary in nature and is typically associated with
large, complex activities.
Trigger - Correct Answer The event that cause the process step to be initiated.
Task - Correct Answer The specific steps needed to complete the process.
Data - Correct Answer The information associated with each process step.
Outcomes - Correct Answer The specific products or consequences of the process
step.
SAP - Correct Answer They are the first company to build a packaged enterprise
system.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Victoria108. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.99. You're not tied to anything after your purchase.
