39 Questions
What is the main purpose of Electronic Data Interchange (EDI)?
Minimize data entry errors and reduce paper usage
How does Supply Chain Management (SCM) systems facilitate information sharing along the supply chain?
By allowing automatic notifications to suppliers and ERP system access
What type of documents can be exchanged using Electronic Data Interchange (EDI)?
Routine documents like purchasing orders
What is the primary benefit of Vendor-managed Inventory in a supply chain?
Reduces cycle time and minimizes paper usage
How does Extranet benefit organizations involved in Supply Chain Management?
Reduces friction along the supply chain
What role does IT Steering Committee play in IT Strategic Planning?
Reviews and approves IT strategic plans and initiatives
What does Technical Feasibility assess in a systems development project?
Whether the organization can use its existing systems to achieve the project’s performance objectives
Which approach states that ethical actions treat all human beings equally, or, if unequally, then fairly, based on defensible standards?
The Fairness Approach
What is the process that assesses whether the computer code will produce the expected and desired results?
Testing
In IT ethics, what does Information Privacy refer to?
The right to determine when, and to what extent info can be gathered
Which tool is used for collecting user requirements and creating systems design in a group-based manner?
Joint Application Design
What does Economic Feasibility determine in a project?
Does the organization have the necessary time and money
Which of the following is NOT a benefit of Enterprise Resource Planning (ERP) systems?
Reduce the need for extensive training and data conversion
What is the primary purpose of Customer Relationship Management (CRM) systems?
To develop highly individualized offers for customers
Which of the following is NOT a component of operational CRM systems?
Supply chain management applications
What is the purpose of analytical CRM systems?
To analyze customer behavior and perceptions
What is the term used for the marketing of additional related products to customers based on a previous purchase?
Cross-selling
What is the primary function of a supply chain?
To facilitate the flow of materials, information, and services
What is the primary purpose of an Extranet?
To allow external business partners to access a company's internal data and systems securely over the internet
Which of the following is NOT a key element of an IT Strategic Plan?
Providing a detailed implementation plan for specific software applications
What is the primary role of the IT Steering Committee?
To link organizational strategy with IT strategy and allocate resources for IT initiatives
What is a key benefit of implementing Supply Chain Management (SCM) systems with an Extranet?
Improved order entry and customer service
Which of the following is a strategy for acquiring IT applications mentioned in the text?
All of the above
What is a key challenge in assessing the costs of IT investments?
Allocating fixed costs among different IT projects
What is the purpose of Electronic Data Interchange (EDI)?
To facilitate the exchange of business documents between organizations electronically
What is the primary role of an IT Strategic Plan?
To define the long-term goals and objectives for an organization's information technology
Which type of information system is primarily responsible for managing an organization's supply chain?
Supply Chain Management (SCM) systems
Which of the following is a potential benefit of using an Extranet?
Improved collaboration and information sharing with external partners and stakeholders
Which type of information system is responsible for processing business transactions and generating data?
Transaction Processing Systems (TPS)
What is the purpose of Supply Chain Visibility?
To allow all organizations in a supply chain to access relevant data on purchased materials
Which segment of the supply chain involves manufacturing, assembly, and packaging?
Internal
What do Tier 1 suppliers produce in the supply chain?
Integrated components like dashboards and seat assemblies
Which type of flow in the supply chain includes physical products and raw materials?
Material Flows
What is the main role of Electronic Data Interchange (EDI) in the supply chain?
Enhancing data exchange without human intervention
How do IT Strategic Plans benefit supply chain management?
By aligning technology initiatives with the overall business strategy
What is the purpose of an IT Steering Committee in the context of supply chain management?
To centralize decision-making on IT matters
What is a key benefit of using Extranet in the supply chain?
Streamlining communication and data exchange with external parties
What distinguishes Tier 2 suppliers in the supply chain?
Using inputs to make windshields, tires, and plastic moldings
What does the Downstream segment of the supply chain mainly involve?
Distribution activities often carried out by external distributors
Learn about connecting the Intranet of various partners to create an Extranet for external business partners. Discover how VPN technology enhances security in communication over the internet and the benefits including faster processes, improved order entry, and lower costs.
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