Podcast
Questions and Answers
What is the main purpose of Electronic Data Interchange (EDI)?
What is the main purpose of Electronic Data Interchange (EDI)?
- Enhance manual document exchange
- Extend the time for transaction processing
- Minimize data entry errors and reduce paper usage (correct)
- Increase inventory levels and cycle time
How does Supply Chain Management (SCM) systems facilitate information sharing along the supply chain?
How does Supply Chain Management (SCM) systems facilitate information sharing along the supply chain?
- By increasing inventory levels for risk mitigation
- By slowing down the cycle time
- By allowing automatic notifications to suppliers and ERP system access (correct)
- By eliminating paper usage and increasing transaction costs
What type of documents can be exchanged using Electronic Data Interchange (EDI)?
What type of documents can be exchanged using Electronic Data Interchange (EDI)?
- Social media messages
- Routine documents like purchasing orders (correct)
- Handwritten letters
- Personal emails
What is the primary benefit of Vendor-managed Inventory in a supply chain?
What is the primary benefit of Vendor-managed Inventory in a supply chain?
How does Extranet benefit organizations involved in Supply Chain Management?
How does Extranet benefit organizations involved in Supply Chain Management?
What role does IT Steering Committee play in IT Strategic Planning?
What role does IT Steering Committee play in IT Strategic Planning?
What does Technical Feasibility assess in a systems development project?
What does Technical Feasibility assess in a systems development project?
Which approach states that ethical actions treat all human beings equally, or, if unequally, then fairly, based on defensible standards?
Which approach states that ethical actions treat all human beings equally, or, if unequally, then fairly, based on defensible standards?
What is the process that assesses whether the computer code will produce the expected and desired results?
What is the process that assesses whether the computer code will produce the expected and desired results?
In IT ethics, what does Information Privacy refer to?
In IT ethics, what does Information Privacy refer to?
Which tool is used for collecting user requirements and creating systems design in a group-based manner?
Which tool is used for collecting user requirements and creating systems design in a group-based manner?
What does Economic Feasibility determine in a project?
What does Economic Feasibility determine in a project?
Which of the following is NOT a benefit of Enterprise Resource Planning (ERP) systems?
Which of the following is NOT a benefit of Enterprise Resource Planning (ERP) systems?
What is the primary purpose of Customer Relationship Management (CRM) systems?
What is the primary purpose of Customer Relationship Management (CRM) systems?
Which of the following is NOT a component of operational CRM systems?
Which of the following is NOT a component of operational CRM systems?
What is the purpose of analytical CRM systems?
What is the purpose of analytical CRM systems?
What is the term used for the marketing of additional related products to customers based on a previous purchase?
What is the term used for the marketing of additional related products to customers based on a previous purchase?
What is the primary function of a supply chain?
What is the primary function of a supply chain?
What is the primary purpose of an Extranet?
What is the primary purpose of an Extranet?
Which of the following is NOT a key element of an IT Strategic Plan?
Which of the following is NOT a key element of an IT Strategic Plan?
What is the primary role of the IT Steering Committee?
What is the primary role of the IT Steering Committee?
What is a key benefit of implementing Supply Chain Management (SCM) systems with an Extranet?
What is a key benefit of implementing Supply Chain Management (SCM) systems with an Extranet?
Which of the following is a strategy for acquiring IT applications mentioned in the text?
Which of the following is a strategy for acquiring IT applications mentioned in the text?
What is a key challenge in assessing the costs of IT investments?
What is a key challenge in assessing the costs of IT investments?
What is the purpose of Electronic Data Interchange (EDI)?
What is the purpose of Electronic Data Interchange (EDI)?
What is the primary role of an IT Strategic Plan?
What is the primary role of an IT Strategic Plan?
Which type of information system is primarily responsible for managing an organization's supply chain?
Which type of information system is primarily responsible for managing an organization's supply chain?
Which of the following is a potential benefit of using an Extranet?
Which of the following is a potential benefit of using an Extranet?
Which type of information system is responsible for processing business transactions and generating data?
Which type of information system is responsible for processing business transactions and generating data?
What is the purpose of Supply Chain Visibility?
What is the purpose of Supply Chain Visibility?
Which segment of the supply chain involves manufacturing, assembly, and packaging?
Which segment of the supply chain involves manufacturing, assembly, and packaging?
What do Tier 1 suppliers produce in the supply chain?
What do Tier 1 suppliers produce in the supply chain?
Which type of flow in the supply chain includes physical products and raw materials?
Which type of flow in the supply chain includes physical products and raw materials?
What is the main role of Electronic Data Interchange (EDI) in the supply chain?
What is the main role of Electronic Data Interchange (EDI) in the supply chain?
How do IT Strategic Plans benefit supply chain management?
How do IT Strategic Plans benefit supply chain management?
What is the purpose of an IT Steering Committee in the context of supply chain management?
What is the purpose of an IT Steering Committee in the context of supply chain management?
What is a key benefit of using Extranet in the supply chain?
What is a key benefit of using Extranet in the supply chain?
What distinguishes Tier 2 suppliers in the supply chain?
What distinguishes Tier 2 suppliers in the supply chain?
What does the Downstream segment of the supply chain mainly involve?
What does the Downstream segment of the supply chain mainly involve?
