Idis - Study guides, Class notes & Summaries
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IDIS 240 FINAL EXAM UPDATED SUMMER 2024 QUESTIONS AND ANSWERS SOLVED CORRECTLY 100%
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IDIS 240 FINAL EXAM UPDATED SUMMER 2024 QUESTIONS AND ANSWERS SOLVED CORRECTLY 100%
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IDIS 240 Final Exam Review Questions with Verified Answers
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IDIS 240 Final Exam Review Questions 
 
with Verified Answers 
 
There are three end users as discusses in Overview of the Industrial Channel. Which of the 
following is one of those end users? 
 
Original Equipment Maintenance 
Owner of Equipment Manufacturer 
None of these 
Owner of Equipment Maintenance 
Original Equipment Manufacturer Original Equipment Manufacturer 
 
If you buy Allen-Bradley products in Houston, Texas, you must purchase from Reynolds 
Electric, this is an example of ______...
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IDIS 433 Final Exam Latest Update with Verified Solutions
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IDIS 433 Final Exam Latest Update with 
 
Verified Solutions 
 
S.M.A.R.T. goals S. - Specific 
M. - Measurable 
A. - Aligned 
R. - Reach-out or Relevant 
 
T. - Time-bound 
 
10 steps structured brainstorming 1. State what you are brainstorming and write it 
where everyone can see it. 
 
2. Ask for help in brainstorming, and go for: a 
large number of ideas and at least one "wild" i 
idea from each and expect to hear "seed" 
words. 
 
3. Have participants write their ideas individually 
and...
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IDIS 344 Exam 1 Johnson Latest Update Graded A+
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IDIS 344 Exam 1 Johnson Latest Update 
 
Graded A+ 
 
ERP System Integrates finances, manufacturing, and HR into single computer system; look 
for cost and functionality 
 
ERP acronym Enterprise Resource Planning 
 
Why ERP STREAMLINES business 
improves efficiency 
reduce cost 
 
helps with stratification 
integrates all aspects of oper. 
 
ERP tracks products, salesforce, customers, vendors, financials, analytics 
 
ERP is NOT not autopilot for businesses, not substitute for knowledge and exp...
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IDIS 344 Final Exam Questions and Answers Graded A+
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IDIS 344 Final Exam Questions and 
 
Answers Graded A+ 
 
Of the 5 S's, which 2 are considered to be "inventory control" and which one is considered as 
"order processing"? -Stock and Store 
-Ship 
 
Source, stock store, sell, ship 
 
Barcoding systems Benefit include • Increases Productivity 
• Maximizes Efficiencies 
• Reduces costs & waste 
• Improves Quality Control 
 
Barcoding systems NETWORKS include: list 3 • Computer 
• Printer 
 
• Supporting Software- "Mincron Smar...
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IDIS 240 EXAM 1 VESTAL LATEST UPDATE GRADED A+
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IDIS 240 EXAM 1 VESTAL LATEST 
 
UPDATE GRADED A+ 
 
OEM Original Equipment Manufacturer - buys the product and "rebrands" to sell as their 
own with warranty 
 
MRO Maintenance Repair Operation - people who fix something with a problem 
 
Contractor Person who provides supplies or service under contract 
 
Breaking bulk Shipping something in individual components 
 
3PL 3rd Party Logistics Provider - specializes in warehousing and transportation services 
that customize to customers based on ...
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IDIS 240 EXAM 2 - EVAN VESTAL - SPRING 2024 GRADED A+
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IDIS 240 EXAM 2 - EVAN VESTAL - 
SPRING 2024 GRADED A+ 
 
List Price Nationally Advertised Price 
 
Selling Price List Price - Trade Discounts 
 
= COGS + Margin 
or 
= COGS + Markup 
 
Net Price Selling price - all allowable discounts (cash discounts), equal to selling price IF 
NO DISCOUNTS 
 
Cost of Goods Sold (COGS) Cost of Merchandise + Freight charges from Manufacturer 
 
Freight Cost The cost of moving an item from where it was manufactured to either the 
distributor or the customer's l...
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IDIS 343 Latest Version with Complete Solutions
- Exam (elaborations) • 37 pages • 2024
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IDIS 343 Latest Version with Complete 
 
Solutions 
 
supply chain Supply chain influences all activities that we perform from initial raw material 
/ supplier to end customer 
 
What is Supply Chain Management (SCM)? The fortune quote defines it as 
-"Overseeing the movement of goods from the customers order through to production, storage, 
and distribution." 
 
A better definition might be 
-"A set of approaches utilized to efficiently integrate suppliers, manufacturers, warehouses, and 
st...
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IDIS 240 Final Exam – Vestal Latest Version Graded A+
- Exam (elaborations) • 24 pages • 2024
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IDIS 240 Final Exam – Vestal Latest 
 
Version Graded A+ 
 
Cash Flow Cash in bank > purchased inventory > sold inventory > accounts receivable > 
cash in bank 
 
List Price The retail price listed 
 
selling price list price - trade discounts 
 
Net price = selling price - allowable discounts (cash discounts) 
Net Sale 
 
Cost of Good Sold (COGS) = Cost of Merchandise + Freight from Manufacturer 
 
Trade Discounts specify term of sale and change of price with how they see fit. 
 
...
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IDIS 433 Exam 1 Latest Update Graded A+
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IDIS 433 Exam 1 Latest Update 
 
Graded A+ 
 
5 B's Big Bad Bob Borsh from Buffalo NY 
 
POP professor of practice 
 
6 great presentation elements 1. content 
2. design 
3. delivery 
4. strong opening 
5. logical progression 
6. finish as strong as opening (most important) 
 
Business writing 4 steps a. how to be effective 
b. business reports 
c. writing the report 
d. exec summmary 
 
a. how to be effective -know audience 
 
-know the message 
-think like a reporter 
-banish buzzwords 
-junk...
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