MGMT 221 Module 7- Test Questions and Answers Graded A+ (Already Passed)
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Module
MGMT 221 Module 7
Institution
MGMT 221 Module 7
MGMT 221 Module 7- Test Questions and Answers Graded A+ (Already Passed)
3d bioprinting - Answers The medical application of 3d printing to produce living tissue and organs.
3d printing - Answers The process of building objects layer-by-layer to create real-world objects (also known as additive m...
MGMT 221 Module 7- Test Questions and Answers Graded A+ (Already Passed)
3d bioprinting - Answers The medical application of 3d printing to produce living tissue and organs.
3d printing - Answers The process of building objects layer-by-layer to create real-world objects (also
known as additive manufacturing).
Always-on supply chain - Answers An integrated set of supply networks characterized by a continuous,
high-velocity flow of information and analytics creating predictive, actionable decisions to better serve
the customer 24/7.
Back-office operations - Answers Operations that support the fulfillment of orders.
Core business processes - Answers Accounting, finance, sales, marketing, human resources, inventory,
productions, and manufacturing processes.
Customer lifetime value (CLV) - Answers A prediction of the net profit attributed to the entire future
relationship with a customer.
Customer relationship management (CRM) - Answers The methodologies and software tools utilized to
leverage customer data.
Electronic fund transfer (EFT) - Answers A transfer of funds from one bank account to another over a
computerized network.
Enterprise application integration (EAI) - Answers Integrating and interfacing an ERP with legacy apps.
Enterprise graph - Answers An enhanced way for business to be more social which tries to show how
users are related to one another.
Enterprise resource planning (ERP) - Answers A shared database that supports multiple functions used
by different business units so that employees in different divisions, such as accounting and sales, can
rely on the same information for their different purposes.
Enterprise social platform - Answers A private, company-owned social media software application that
promotes social connectivity and collaboration with an organization and enhances productivity and
employee satisfaction.
Enterprise system - Answers A cross-functional and interorganizational system that support the business
strategy.
Front-office operations - Answers Operations such as sales and advertising that are visible to customers.
Interface - Answers To connect to and exchange data with apps and systems.
Legacy system - Answers An older information system that has been maintained over several decades
because they fulfill critical needs.
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