SCM 4380 - ERP - MIDTERM REVIEW EXAM QUESTIONS WITH WELL DEFINED ANSWERS GRADED A+.
4 views 0 purchase
Module
SCM 4380
Institution
SCM 4380
Business Process - correct answer A set of tasks or activities that produce desired outcomes.
Buy, make, sell.
Design, plan, store, service.
Financial Accounting - correct answer Concerned with tracking the financia...
Business Process - correct answer A set of tasks or activities that produce desired
outcomes.
Buy, make, sell.
Design, plan, store, service.
Financial Accounting - correct answer Concerned with tracking the financial impacts
of processes with the primary goal of meeting legal and regulatory reporting requirements.
Concerned with tracking costs and revenues for internal reporting, intended to help management
control costs and revenues and assess the profitability of various products and market segments.
Supports decision-making.
Silo Effect - correct answer Workers in different functional areas perform their tasks
in insolation (functional silos) without regard to the consequences for other components of the process.
Lose sight of the "big picture" of larger processes (fulfillment, procurement, etc.)
, Challenge at hand: coordinating among different functional areas of the organization.
Functional Structure - correct answer Organization is divided into functions, or
departments, each of which is responsible for a set of closely related activities.
Procurement Process (Buy) - correct answer All of the activities involved in buying
or acquiring the materials used by the organization, such as raw materials.
Production Process (Make) - correct answer The actual creation of the products
within the organization.
Fulfillment Process (Sell) - correct answer Consists of all the steps involved in selling
and delivering the products to the organization's customers.
Business Intelligence - correct answer The overall capabilities a company uses to
collect and analyze data from a variety of sources to better understand its operations and make better
managerial decisions
Supply Chain Management - correct answer Connects a company to other
companies that supply the materials it needs to make its products.
Helps company plan for their production requirements and optimize complex transportation and
logistics for materials
Architecture - correct answer The technical structure of the
software, the ways that users interact with the software, and the ways the software
is physically managed on computer hardware.
Application Suite - correct answer The collection of inter-company systems and the
underlying intra-company ERP system.
Suite vendors: SAP, Oracle
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 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 RealGrades. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £10.89. You're not tied to anything after your purchase.
