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MGMT 220 Study Guide Exam 3 Questions Fully Solved.
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  • MGMT 220

Which of the following are primary components of an ERP? Select all that apply. -financial management -human resource management -value chain management -operations management - Answer -financial management -human resource management -value chain management -operations management Which...

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  • October 17, 2024
  • 13
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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MGMT 220 Study Guide Exam 3
Questions Fully Solved.
Which of the following are primary components of an ERP? Select all that apply.

-financial management

-human resource management

-value chain management

-operations management - Answer -financial management

-human resource management

-value chain management

-operations management



Which of the following are keys to successful implementation of an Enterprise System. Select all that
apply.

-train users

-secure executive sponsorship

-upgrade the enterprise system regularly

-get help from outside experts

-secure buy-in from staff that will use the system

-evolve the implementation

-use a multidisciplinary approach - Answer -train users

-secure executive sponsorship

-got help from outside experts evolve the implementation

-use a multidisciplinary approach



The _____ version of software includes only the features and modules that a packaged software comes
with out of the box. - Answer vanilla

, A manufacturer receives a cash deposit with an order for a custom designed work desk. It will take about
7 weeks to produce the desk. Upon completion, the desk will be sent to the buyer and the balance will
be paid in full. This process is known as ________.

-make-to-order

-order-to-cash

-procure-to-pay

-make-to-stock - Answer make-to-order



Which statement(s) below describes a legacy system? Select all that apply.

-is a fast approaching the end of its useful life span

-easy to integrate with other systems

-useful in utilizing and integrating data from many departments and processes

-a stand-alone system that was not designed to support multiple departments - Answer -is a fast
approach the end of its useful life span

-a stand-alone system that was not designed to support multiple departments



A systematic approach by all of an organization to examine, rethink and redesign processes in order to
improve performance is called ___________________. - Answer Business process management



An information system that supports functional areas, business processes and decision making within
the organization is which of the following:

-externally focused system

-legacy system

-internally focused system - Answer internally focused system



In the ________ process, goods are produced based on forecasts and are stored in a warehouse and
sales orders are then fulfilled from inventory.

-make-to-order

-make-to-stock

-procedure-to-pay

-order-to-cash - Answer make-to-stock

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