chpt 14 quiz

Which of the following best describes PLM?

A reporting system that facilitates a shared understanding of product ideation, development, and launch by storing product data and history

Enterprise systems are primarily designed to address which of the following issues?

Information fragmentation

Which ERP vendor entered the enterprise system market nearly 30 years after the first solution was introduced?

Oracle

Which of the following is not a common reason organizations invest in IT?

Additional funds allocated to the IT operating budget

Which IT adoption approach/strategy is considered to be the most challenging, from an IT management standpoint, for organizations in the long run?

Best-of-Breed/Best-in-Class

T or F: AMRs are simply a type of AGV and are essentially the same thing with a different name.

F

T or F: EDI and API are essentially the same things called by different names.

F

T or F: Warehouse automation is another phrase for WMS.

F

Which of the following best describes SRM?

A reporting system that allows companies to optimize their procurement strategy, to work more effectively with their supplier pool, and to gain long-term benefits from all supplier relationships

Which of the following best describes ERP?

A reporting system that leverages a centralized repository, which contains organizational and transactional data

_____ is the physical integration of disparate systems among supply chain ecosystem members to exchange information in a timely and qualitative manner.

Business-to-business integration

Which type of enterprise system facilitates an organization to work more effectively with its supplier pool?

SRM

T or F: Electronic linkages help to ensure large businesses and SMBs can more efficiently and effectively execute procurement and fulfillment processes.

T

The goal of a ______ is to facilitate the movement of goods and raw materials from origin to destination in an efficient, reliable, and cost-effective manner.

TMS

A(n) ______ management system facilitates the movement of goods and raw materials from origin to destination in an efficient, reliable, and cost-effective manner.

TMS (transportation)

Which of the following best describes predictive analytics?

The practice of extracting information from existing data sets to identify patterns and trends to predict future events or outcomes

Which of the following best describes cloud computing and storage?

The use of network architecture of remote internet servers to host, store, manage, and process data and applications rather than a local server or computer

The purpose of a _______ is to observe and document everything he/she sees.

Watcher

______ risks are more about behaviors or perceptions of individuals that can negatively impact the IT solution in question.

social

Which of the following best describes the focus of a "best-of-suite" IT adoption approach?

try to use the same products from the same vendor as much as possible.