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In the context of Internet-enabled supply chain management (SCM) , which SCM activity involves bargaining and renegotiating prices and term agreements?


A) Order processing
B) Purchasing\procurement
C) Production scheduling
D) Inventory management

E) B) and C)
F) All of the above

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In the context of a manufacturing firm's supply chain management (SCM) system, the _____ flow area manages the movement of goods all the way from suppliers to customers, including customer service and support.


A) product
B) information
C) finances
D) statistics

E) None of the above
F) A) and B)

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In the context of customer relationship management (CRM), discuss how IT tools are used to improve customer service.

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Answers will vary. Several IT tools are ...

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


A) Bargains
B) Auctions
C) Barters
D) Budgets

E) A) and B)
F) B) and C)

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Discuss lack of customization as it relates to the advantages and disadvantages of a cloud-based enterprise system.

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A cloud-based enterprise system is generally less secure than an on-premise system.

A) True
B) False

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A Chief Knowledge Officer tries to minimize the return on investment related to knowledge management systems and processes.

A) True
B) False

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A cloud-based enterprise system is accessed through _____.


A) on-premise servers
B) remote servers
C) a unified database
D) a customer relationship management system

E) B) and C)
F) A) and D)

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Explain how using a cloud-based enterprise system versus an on-premise system allows IT to shift focus.

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Discuss what an organization can do with a customer relationship management (CRM)system.

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Answers will vary. With a CRM system, an...

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Which is considered a key decision in supply chain management (SCM) related to manufacturing?


A) Consumer type
B) Initial investment
C) Revenue
D) Location

E) A) and B)
F) A) and C)

Correct Answer

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


A) Web portals
B) Data-mining tools
C) Extranets
D) Firewall networks

E) A) and C)
F) None of the above

Correct Answer

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The _____ flow area in a manufacturing firms' supply chain management (SCM) system oversees order transmissions throughout the order-processing cycle.


A) product
B) information
C) finances
D) cash

E) None of the above
F) A) and D)

Correct Answer

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In supply chain management (SCM) related to manufacturing, which of the following is considered a key decision about inventory?


A) Which transportation systems will reduce cost?
B) What should be produced?
C) How much should be ordered?
D) Where should the manufacturing facilities be located?

E) B) and D)
F) A) and B)

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A(n) _____ system is an application used in all the functions of a business and supports decision making throughout the organization.


A) enterprise
B) collaboration
C) decentralized
D) analog

E) A) and B)
F) None of the above

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Knowledge of how to close a sale is an example of tacit knowledge that cannot be easily captured.

A) True
B) False

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In the context of supply chain management (SCM) systems, which of the following markup languages has helped organizations use the Internet and Open electronic data interchange (EDI) perform the same function as that of traditional EDI?


A) XML
B) HTML
C) SGML
D) SML

E) A) and B)
F) A) and C)

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In the context of collaborative planning, forecasting, and replenishment (CPFR) , handling unforeseen problems is called _____ management.


A) sales
B) design
C) marketing
D) exception

E) B) and C)
F) A) and D)

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


A) It cannot work well for a single product category.
B) It needs a large sample of users and content to work well.
C) It accepts inputs from only one data source at a time.
D) It cannot make automatic predictions about customers' interests.

E) B) and C)
F) A) and C)

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Knowledge management draws on concepts of organizational learning and organizational culture.

A) True
B) False

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