Exam 11: Enterprise Systems

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In the context of e-marketplaces,a _____ market concentrates on coordinating a business process or function involving multiple vendors.

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Businesses find attracting new customers less expensive than maintaining current customers.

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The _____ component of an enterprise resource planning (ERP)system collects and analyzes relevant internal and external information needed by other functions.

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Which component of an enterprise resource planning (ERP)system tracks financial information,such as budget allocations and debits and credits?

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_____ allows customers to modify the standard offering,such as selecting a different home page to be displayed each time you open your Web browser.

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In real estate firms,which is considered one of the major links in the supply chain?

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Describe customization with an example.

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A grocery store offering loyalty cards with discounts to its customers is an example of how transaction data can be used in a customer relationship management (CRM)system.

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In the context of electronic exchange of information,which is used by companies to improve the efficiency and effectiveness of the supply chain process?

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_____ is used to coordinate supply chain members through point-of-sale (POS)data sharing and joint planning.

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In supply chain management (SCM),many companies substitute electronic _____ for printing,mailing,and faxing paper documents,such as purchase orders,invoices,and shipping notices.

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Auctions help determine the price of goods and services when there is no set price in the marketplace.

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In a customer relationship management (CRM)system,which is effective in tracking and analyzing customers' buying patterns?

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Briefly explain an enterprise resource planning (ERP)system.

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Which statement is true of electronic data interchange (EDI)?

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Discuss the drawbacks of an enterprise resource planning (ERP)system.

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Supply chains exist in both service and manufacturing organizations.

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_____ help determine the price of goods and services when there is no set price in the marketplace.

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In the context of personalization technology,which of the following is a drawback of collaborative filtering (CF)?

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Explain third-party exchanges.

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