Practice Exam 2
ERP systems that include administrative, sales, marketing, and HR processes are referred to as ______.
ERP II
The planning process that integrates production, purchasing, and inventory management of interdependent items is called _______.
MRP
The leading ERP software vendor is ________.
SAP
_______ is a cloud-based ERP system.
SaaS
____________ are designed to correct a lack of communication among ________.
FAIS; ERP
As the CEO of Widget Inc., you get a monthly report on the percentage of orders going through e-commerce. This is a(n) ________ report.
Routine
___________ eliminates the need for the company to submit purchasing orders.
VMI
Each department or functional area within an organization has its own collection of application programs or ____________.
FAIS
Your southern region is not doing very well. You want to know why, so you ask for a special report showing the numbers for the southern region compared to the northern, eastern, and western regions. This is a(n) ________ report.
Ad hoc
_________________ is an approach that integrates various automated factory systems.
CIM
Your southern region is not doing very well. You want to know why, so you ask for a special report showing the numbers for the southern region compared to the northern, eastern, and western regions. This is a(n) ________ report.
Comparative
With the ____ approach to on-premise ERP implementation, a company develops new ERP functions designed specifically for that firm.
Custom
A(n) __________ report displays a greater level of detail.
Drill-down
_______ is an extended ERP module
E-business
MRP is an earlier evolution of _______.
ERP
_____________ systems are an evolution for FAIS.
ERP
__________ systems are interorganizational ERP systems that provide web-enabled links among a company's key business systems and its customers, suppliers, distributors, and other relevant parties.
ERP II
______ is a benefit of ERP.
Employee adoption
A(n) ______ report summarizes the performance of critical activities.
Key indicator
Organizations typically invest in cloud-based ERP systems because they are ______.
Less expensive
___________ is a more complex, integrated software that can handle money and labor in addition to production, purchasing, and inventory management planning.
MRP II
Most organizations design TPS to process transactions as soon as they occur. This is called ________.
OLPT
If your organization collects transactions and processes them at night, this is called ____.
OLTP
______________ reports are produced at scheduled intervals.
On-demand
__________ is a business strategy that enables manufacturers to share product-related data that support product design and development and supply chain operations.
PLM
_______ is an extended ERP module.
Supply chain management
A(n) ____________ is typically used to manage inventory.
TPS
A(n) ________________ supports the monitoring, collecting, storage, and processing of data from the organization's basic business transactions, each of which generates data.
TPS
A transaction is any business event that generates ____________ worthy of being captured and stored in a database.
data
The ___________ process originates in the warehouse department and ends in the warehouse department.
production