Enterprise Applications for Operational Excellence

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30 Questions

Enterprise systems are also known as enterprise resource planning (ERP) systems.

True

Cannondale's legacy MRPS was replaced with an on-premise Rapid Response software service.

False

Enterprise systems only collect data from the finance department.

False

Enterprise software is built around a few predefined business processes.

False

Kinaxis Rapid Response software service is a type of enterprise system.

True

Enterprise systems are used to support only external business activities.

False

Customer Relationship Management (CRM) software includes modules for partner relationship management.

True

Enterprise systems do not provide firm-wide information to support decision making.

False

Employee Relationship Management (ERM) is a module for managing customer relationships.

False

Supply chain management involves only the procurement of raw materials.

False

Sales force automation (SFA) is a module for managing customer service requests.

False

Enterprise systems increase operational efficiency by integrating various business functions.

True

CRM packages include tools for customer service and marketing.

True

CRM software is only used for large-scale enterprise applications.

False

Downstream supply chain involves managing relationships with suppliers.

False

Employee performance management is a part of Customer Relationship Management (CRM).

False

Enterprise systems enable rapid responses to customer requests for information or products.

True

Nike's supply chain only involves the manufacturing process.

False

Analytical CRM is used for customer-facing applications.

False

Operational CRM is used to analyze customer data.

False

Customer lifetime value (CLTV) is calculated using data from analytical CRM.

True

The business value of CRM includes reduced direct-marketing costs.

True

CRM is used to increase the churn rate of customers.

False

Operational CRM and analytical CRM are two separate and unrelated systems.

False

Implementing enterprise applications can cost between $3.5 million to over $12 million.

True

Next-generation enterprise applications are not designed to be flexible and Web-enabled.

False

Enterprise applications are only used for customer relationship management (CRM).

False

Cloud-based ERP and CRM software services are typically adopted by small startups.

False

Open source and on-demand solutions are not features of next-generation enterprise applications.

False

Cloud-based enterprise applications are not mobile compatible or integrated with Web 2.0 capabilities.

False

Learn how enterprise applications are used to achieve operational excellence and customer intimacy. This quiz covers the use of enterprise applications in managing global supply chains, including the Cannondale case study.

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