Exam 11: Enterprise Systems

Explain the security advantage of a cloud-based enterprise system versus an on-premise system.

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

_____ is a search for specific information or patterns using input from multiple business partners and data sources.

Discuss an example of an application for collaborative filtering (CF).

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

Discuss collaborative planning, forecasting, and replenishment (CPFR)and its advantages.

In the context of knowledge management, tacit knowledge can be captured easily in data repositories.

Which is a benefit offered by a well-designed enterprise resource planning (ERP)system?

Which tool is used to create virtual instructional environments?

Briefly explain the marketing strategies in a customer relationship management (CRM)system.

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

One of the drawbacks of a well-designed enterprise resource planning (ERP)system is that it tends to increase the cost of inventories.

In the context of knowledge management, which task is performed by the chief knowledge officer (CKO)in an organization?

Procedures constitute one component in a typical enterprise resource planning system.

An enterprise resource planning system reduces the need for extensive training.

Which component of an enterprise resource planning (ERP)system provides information on marketing?

In a cloud-based enterprise system, providers must supply hardware, software, and other needed utility programs.

Transmitting documents across the Internet involves lower security risks than traditional electronic data interchange (EDI).

Customers use a cloud-based enterprise system similarly to the way they use cloud utility services.

Information management is broader in scope than knowledge management because the latter tends to focus on just explicit knowledge.