Answered: 8. Inventory control, purchase order…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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8. Inventory control, purchase order processing, receiving, and accounts payable systems make up a set of systems that support the ___________________ business function. 9. The ____________ transaction processing system manages the cash flow of the company by keeping track of the money owed the company. A company that implements an enterprise resource planning system is creating a highly integrated set of systems, which can lead to many business benefits. 10. Many multinational companies roll out standard IS applications for all to use. However, standard applications often don’t account for all the differences among business partners and employees operating in other parts of the world. Which of the following is a frequent modification that is needed for standard software? a. Software might need to be designed with local language interfaces to ensure the successful implementation of a new IS. b. Customization might be needed to handle date fields correctly. c. Users might also have to implement manual processes and overrides to enable systems to function correctly. d. all of the above 11. Which of the following is a primary benefit of implementing an ERP system? a. elimination of inefficient systems b. easing adoption of improved work processes c. improving access to data for operational decision making d. all of the above 12. The individual application modules included in an ERP system are designed to support the ______ __________, the most efficient and effective ways to complete a business process. 13. Most companies can implement an ERP system without major difficulty. True or False? 14. Only large, multinational companies can justify the implementation of ERP systems. True or False? Note: This is quiz for 1mark per question so please no need to big answer! Just choice the right option / fill in the gaps...

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