MGT 351: Ch. 1 Business Processes

Which of the following process steps are included in the basic procurement process using a procure stock strategy?

Receive materials Recieive invoice Send payment

Which term refers to a system in which workers complete their tasks in separate departments without regard to the consequences for the other components of the process?

Silo Effect

How does GBI Global sell its merchandise?

Via a network of specialized dealers

What is the final step of the procurement process?

Payment

In which steps of the asset management process is the production department involved?

Perform maintenance Authorize maintenance Request maintenance

Which term represents a set of tasks or activities that produce desired outcomes?

Business Process

_____ is concerned with matching demand for materials in the organization with the supply

Business planning

Which of the following statements about SAP ERP are true?

Can be used to executes all processses in an organization Consolidates process data in a single database Enables users to view the status of a process in real time

Which of the following products fall(s) within GBI's line of business?

Deluxe and professional touring bikes Men and women's off-road bikes Bike accessories

_____________enables an organization to optimize its product development process, from design to market, while ensuring that it complies with industry, quality, and regulatory standards?

Lifecycle Data Management

Which process uses historical data and sales forecasts to plan which materials will be procured and produced?

Material Planning

Which of the following steps are included in the basic fulfillment process using a sell from stock strategy?

Prepare Shipment Ship to Customer

Within the functional structure, typical functions or departments found in a modern organization include which of the following?

Purchasing Finance Marketing

Which of the following process steps are included in the basic production process using a make to stock strategy?

Request production Receive finished goods Issue Materials

Which of the following are steps within a generic business process of an organization?

Trigger Outcome

Which of the following departments or functions are involved in the basic procurement process using a procure to stock strategy?

Warehouse Purchasing Accounting