Understanding Enterprise Systems
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Questions and Answers

What is the main purpose of Enterprise Systems?

  • To slow down responses to customer requests
  • To provide firm-wide information for decision making (correct)
  • To increase inefficiencies
  • To limit access to data
  • What is the primary function of Supply Chain Management?

  • Cut inefficiencies and reduce costs (correct)
  • Slow down order fulfillment
  • Disrupt product distribution
  • Increase operating costs
  • What is the 'bullwhip effect' in the context of Supply Chain Management?

  • Distorted product demand information transfer across supply chain entities (correct)
  • Maintaining a steady supply chain flow
  • Efficient information flow across the supply chain
  • Reducing the need for safety stock
  • What does Just-in-time strategy aim to achieve in Supply Chain Management?

    <p>Minimize operating expenses</p> Signup and view all the answers

    What is a key benefit of using Customer Relationship Management (CRM) systems?

    <p>Capturing and integrating customer data from various sources</p> Signup and view all the answers

    How do Enterprise Systems enable firms to improve decision-making?

    <p>By providing analytical tools for evaluating performance</p> Signup and view all the answers

    What is the purpose of Global Supply Chains in utilizing the Internet?

    <p>To manage global complexities</p> Signup and view all the answers

    What is the main goal of Supply Chain Management Software?

    <p>To establish inventory levels efficiently</p> Signup and view all the answers

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