Podcast
Questions and Answers
What primarily drives competitive advantage in businesses using technology?
What primarily drives competitive advantage in businesses using technology?
- The cost of the technology
- The technology itself
- How businesses utilize the technology (correct)
- The popularity of the 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 (B)
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.
Match the following business roles with their primary function:
Match the following business roles with their primary function:
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?
What is an enterprise application?
What is an enterprise application?
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?
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.
What is the purpose of Economic Order Quantity (EOQ)?
What is the purpose of Economic Order Quantity (EOQ)?
The _____ describes the steps required for assembly in the manufacturing process.
The _____ describes the steps required for assembly in the manufacturing process.
Match the following terms with their descriptions:
Match the following terms with their descriptions:
Which of the following is NOT a component of the development model?
Which of the following is NOT a component of the development model?
Business process modelling (BPM) is solely the responsibility of the IT team.
Business process modelling (BPM) is solely the responsibility of the IT team.
What is the main objective of business process modelling?
What is the main objective of business process modelling?
The _____ model focuses on the structure, components, and interaction of the application.
The _____ model focuses on the structure, components, and interaction of the application.
Match the models to their primary focus:
Match the models to their primary focus:
What are common goals of business processes?
What are common goals of business processes?
The logical model only includes user interface design.
The logical model only includes user interface design.
Name one type of technology related to the technology model.
Name one type of technology related to the technology model.
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.
What is the first step when a customer places an order?
What is the first step when a customer places an order?
What factors need to be considered in the business model?
What factors need to be considered in the business model?
Fulfilment activities in a company are classified as support activities.
Fulfilment activities in a company are classified as support activities.
What are the two main activities that generate value in a company?
What are the two main activities that generate value in a company?
The _____ department coordinates the shipment of packages to customers.
The _____ department coordinates the shipment of packages to customers.
Match the following business activities with their categories:
Match the following business activities with their categories:
How does information flow within the order process?
How does information flow within the order process?
Upstream information refers to data sent to another organization.
Upstream information refers to data sent to another organization.
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?
Businesses utilize ____ chains to outline their primary and support activities.
Businesses utilize ____ chains to outline their primary and support activities.
What document is produced by the fulfilment department to accompany the package?
What document is produced by the fulfilment department to accompany the package?
What is the main purpose of externally focused applications?
What is the main purpose of externally focused applications?
Custom applications are generally pre-packaged software that does not require modification.
Custom applications are generally pre-packaged software that does not require modification.
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?
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.
Match the types of enterprise applications with their descriptions:
Match the types of enterprise applications with their descriptions:
Which of the following is NOT a type of Enterprise Information System?
Which of the following is NOT a type of Enterprise Information System?
Transaction Processing Systems (TPS) operate at the operational level of an organization.
Transaction Processing Systems (TPS) operate at the operational level of an organization.
What role does Management Information Systems (MIS) play in an organization?
What role does Management Information Systems (MIS) play in an organization?
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.
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?
Flashcards
Commoditization of Technology
Commoditization of Technology
The process of converting a unique technology into a common and widely available product or service.
Competitive Advantage
Competitive Advantage
The advantage a company gains not by using a technology, but by utilizing that technology in a way that sets them apart from competitors.
Hard to Copy Innovations
Hard to Copy Innovations
Internal innovations like business processes, management styles, and organizational structures are difficult to imitate across different companies.
Enterprise Application
Enterprise Application
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Packaged Applications
Packaged Applications
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Custom Applications
Custom Applications
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Stand-alone Applications
Stand-alone Applications
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Order confirmation
Order confirmation
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3-way matching
3-way matching
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Economic order quantity (EOQ)
Economic order quantity (EOQ)
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Bill of Material (BOM)
Bill of Material (BOM)
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Routings
Routings
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Order Fulfillment Process
Order Fulfillment Process
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Fulfillment Department
Fulfillment Department
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Packing List
Packing List
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Shipping Department
Shipping Department
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Value Chain
Value Chain
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Primary Activities
Primary Activities
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Support Activities
Support Activities
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Downstream Information
Downstream Information
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Upstream Information
Upstream Information
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External Application Integration
External Application Integration
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Externally Focused Applications
Externally Focused Applications
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Legacy Systems
Legacy Systems
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Enterprise Resource Planning (ERP)
Enterprise Resource Planning (ERP)
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Customer Relationship Management (CRM)
Customer Relationship Management (CRM)
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Supply Chain Management (SCM)
Supply Chain Management (SCM)
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Business Process Modeling (BPM)
Business Process Modeling (BPM)
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Business Objectives in BPM
Business Objectives in BPM
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Business Processes Definition
Business Processes Definition
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Software Development Model
Software Development Model
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Development Team
Development Team
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Development Process
Development Process
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Project Management in Software Development
Project Management in Software Development
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Source Code Control
Source Code Control
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Application Milestones
Application Milestones
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Software Deliverables
Software Deliverables
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Business Model in Software Development
Business Model in Software Development
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Business Goals in Software Development
Business Goals in Software Development
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Development Cost in Software Development
Development Cost in Software Development
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Return on Investment (ROI) in Software Development
Return on Investment (ROI) in Software Development
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Resources Needed in Software Development
Resources Needed in Software Development
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Time Constraints in Software Development
Time Constraints in Software Development
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Security and Maintenance in Software Development
Security and Maintenance in Software Development
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Existing Infrastructure Investment in Software Development
Existing Infrastructure Investment in Software Development
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Business Rules in Software Development
Business Rules in Software Development
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Policies in Software Development
Policies in Software Development
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User Interface in User Models
User Interface in User Models
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Ease-of-use Requirements in User Models
Ease-of-use Requirements in User Models
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Training and Documentation in User Models
Training and Documentation in User Models
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Application Support in User Models
Application Support in User Models
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User’s Desktop Configuration in User Models
User’s Desktop Configuration in User Models
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Network Connection in User Models
Network Connection in User Models
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Logical Model in Software Architecture
Logical Model in Software Architecture
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Object and Data Modeling in Logical Model
Object and Data Modeling in Logical Model
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Business Objects and Services in Logical Model
Business Objects and Services in Logical Model
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Interface Definitions in Logical Model
Interface Definitions in Logical Model
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Technology Model in Software Architecture
Technology Model in Software Architecture
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Component Development or Reuse in Technology Model
Component Development or Reuse in Technology Model
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Development Tools in Technology Model
Development Tools in Technology Model
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Deployment Platforms in Technology Model
Deployment Platforms in Technology Model
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System and Database Technologies in Technology Model
System and Database Technologies in Technology Model
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Clustering, Pooling, and Messaging Technologies in Technology Model
Clustering, Pooling, and Messaging Technologies in Technology Model
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Physical Model in Software Architecture
Physical Model in Software Architecture
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End Product in Software Development
End Product in Software Development
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Revenue > Costs in Software Development
Revenue > Costs in Software Development
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Technical Documentation in Software Development
Technical Documentation in Software Development
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Testing in Software Development
Testing in Software Development
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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!