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