Podcast
Questions and Answers
What primarily drives competitive advantage in businesses using technology?
What primarily drives competitive advantage in businesses using technology?
Enterprise applications are designed to store information in separate locations throughout the organization.
Enterprise applications are designed to store information in separate locations throughout the organization.
False
Name one type of enterprise application.
Name one type of enterprise application.
Packaged applications
The emergence of the __________ firm is one of the reasons why Enterprise Information Systems (EIS) are important.
The emergence of the __________ firm is one of the reasons why Enterprise Information Systems (EIS) are important.
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Match the following business roles with their primary function:
Match the following business roles with their primary function:
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Which of the following is NOT among the five reasons for the importance of EIS?
Which of the following is NOT among the five reasons for the importance of EIS?
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What is an enterprise application?
What is an enterprise application?
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What is the main purpose of 3-way matching in vendor invoice checks?
What is the main purpose of 3-way matching in vendor invoice checks?
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Self-billing is a method where the vendor issues invoices themselves without company approval.
Self-billing is a method where the vendor issues invoices themselves without company approval.
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What is the purpose of Economic Order Quantity (EOQ)?
What is the purpose of Economic Order Quantity (EOQ)?
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The _____ describes the steps required for assembly in the manufacturing process.
The _____ describes the steps required for assembly in the manufacturing process.
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Match the following terms with their descriptions:
Match the following terms with their descriptions:
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Which of the following is NOT a component of the development model?
Which of the following is NOT a component of the development model?
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Business process modelling (BPM) is solely the responsibility of the IT team.
Business process modelling (BPM) is solely the responsibility of the IT team.
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What is the main objective of business process modelling?
What is the main objective of business process modelling?
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The _____ model focuses on the structure, components, and interaction of the application.
The _____ model focuses on the structure, components, and interaction of the application.
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Match the models to their primary focus:
Match the models to their primary focus:
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What are common goals of business processes?
What are common goals of business processes?
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The logical model only includes user interface design.
The logical model only includes user interface design.
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Name one type of technology related to the technology model.
Name one type of technology related to the technology model.
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In business process modelling, a key process implementation is to enhance process _____ or reduce cycle time.
In business process modelling, a key process implementation is to enhance process _____ or reduce cycle time.
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What is the first step when a customer places an order?
What is the first step when a customer places an order?
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What factors need to be considered in the business model?
What factors need to be considered in the business model?
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Fulfilment activities in a company are classified as support activities.
Fulfilment activities in a company are classified as support activities.
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What are the two main activities that generate value in a company?
What are the two main activities that generate value in a company?
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The _____ department coordinates the shipment of packages to customers.
The _____ department coordinates the shipment of packages to customers.
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Match the following business activities with their categories:
Match the following business activities with their categories:
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How does information flow within the order process?
How does information flow within the order process?
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Upstream information refers to data sent to another organization.
Upstream information refers to data sent to another organization.
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What is a business process that includes both internal and external applications referred to?
What is a business process that includes both internal and external applications referred to?
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Businesses utilize ____ chains to outline their primary and support activities.
Businesses utilize ____ chains to outline their primary and support activities.
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What document is produced by the fulfilment department to accompany the package?
What document is produced by the fulfilment department to accompany the package?
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What is the main purpose of externally focused applications?
What is the main purpose of externally focused applications?
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Custom applications are generally pre-packaged software that does not require modification.
Custom applications are generally pre-packaged software that does not require modification.
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What are the two objectives of upstream information flow in supply chain management?
What are the two objectives of upstream information flow in supply chain management?
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An ERP system is characterized by integrated applications that reduce _____ and improve efficiency.
An ERP system is characterized by integrated applications that reduce _____ and improve efficiency.
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Match the types of enterprise applications with their descriptions:
Match the types of enterprise applications with their descriptions:
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Which of the following is NOT a type of Enterprise Information System?
Which of the following is NOT a type of Enterprise Information System?
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Transaction Processing Systems (TPS) operate at the operational level of an organization.
Transaction Processing Systems (TPS) operate at the operational level of an organization.
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What role does Management Information Systems (MIS) play in an organization?
What role does Management Information Systems (MIS) play in an organization?
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A _____ application runs as a separate computer process and does not connect with other applications.
A _____ application runs as a separate computer process and does not connect with other applications.
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Which of the following systems aggregates information from Transaction Processing Systems to aid in decision-making?
Which of the following systems aggregates information from Transaction Processing Systems to aid in decision-making?
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Study Notes
Digital Economy
- Digital evolution has rapidly progressed from punched tapes to magnetic tapes, floppy disks, compact disks, hard drives, USB drives, and cloud storage.
- Three key concepts driving the digital economy are: storage, processing speed, and bandwidth.
- Key technological drivers are closely associated with Moore's, Metcalfe's, and Gilder's Laws.
Moore's Law
- Moore's Law suggests that processor speed (and overall computing power) doubles approximately every two years.
Metcalfe's Law
- Metcalfe's Law postulates that the value of a network is proportional to the square of the number of users.
Gilder's Law
- Gilder's Law states that bandwidth increases at least three times faster than computer power. This means communications power doubles roughly every six months, unlike computer power doubling every 18 months (as per Moore's Law),
Nielsen's Law
- Nielsen's Law asserts that connectivity and speed have a direct, linear relationship. Higher speed is not always more desirable. More speed with less connectivity is less valuable.
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Description
Test your knowledge on Enterprise Information Systems (EIS) and their role in driving competitive advantage for businesses. This quiz covers types of enterprise applications, their importance, and key functions within organizations. Put your understanding to the test!