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MGT 268 ERP Quiz of Test Bank 2024/2025 Questions With Completed & Verified Solutions.
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MGT 268 ERP Quiz of Test Bank 2024/2025 Questions With Completed & Verified Solutions.
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MGT 268 ERP Quiz BankWhat is collaborative demand planning?
a) Allows an organization to reduce the cost and time required during the design process of a
product
b) Enables an organization to react more quickly to resolve supply chain issues
c) Applies technology to the activities in the order life cycle from inquiry to sale
d) Helps organizations reduce their investment in inventory while improving customer
satisfaction through product availability - ANS Helps organizations reduce their investment in
inventory while improving customer satisfaction through product availability
Who are the primary users of ERP systems?
a) Accounting, finance, logistics, and production
b) Customers, resellers, partners, suppliers, and distributors
c) Sales, marketing, customer service
d) All of these choices - ANS Accounting, finance, logistics, and production
Which application's primary business benefits include market demand, resource and capacity
constraints, and real-time scheduling?
a) CRM
b) ERP
c) SCM
d) All of these choices - ANS SCM
What connects the plans, methods, and tools aimed at integrating separate enterprise systems?
a) Enterprise application integration middleware
b) Enterprise application integration
c) Middleware
d) Enterprise systems - ANS Enterprise application integration
What is enterprise resource planning (ERP)?
a) A means of managing all aspects of a customer's relationship with an organization to
increase customer loyalty and retention and an organization's profitability
b) Integrates all departments and functions throughout an organization into a single IT system
(or integrated set of IT systems) so employees can make decisions by viewing enterprise-wide
information about all business operations
c) The management of information flows between and among activities in a supply chain to
maximize total supply chain effectiveness and corporate profitability
d) Connects the plans, methods, and tools aimed at integrating separate enterprise system -
ANS Integrates all departments and functions throughout an organization into a single IT
system (or integrated set of IT systems) so employees can make decisions by viewing
enterprise-wide information about all business operations
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