MIS 2101 Exam 2 Questions and
Answers9
Tacit Knowledge - ANSWERS -is difficult to transfer to other people, difficult to visualize, almost
impossible to write down. It is gained and learned through exposure and experience. Practical,
action oriented, how we know what we know.
Explicit Knowledge - ANSWERS -is academic, it's what you know. Its anything that is
documented.
Brain Drain - ANSWERS -the anticipated loss of technical skills, historical knowledge and the
honed abilities over time due to rapid rate of retirement.
NBA and SAP - ANSWERS -Analyzed NBA players and showed their statistics
Enterprise Resource Planning - ANSWERS -is an IT System and category of Business
Management Software.
-It includes a single, integrated database that supports business processes and these business
processes span multiple functional areas.
At its core, an ERP Solution: - ANSWERS -▪Gives a global, real-time view of data
▪Improves financial compliance
▪Automates core business operations
▪Enhances customer service
▪centralizes business data.
Components of ERP - ANSWERS -Transactional Database and Dashboard...
, Single database, Single System
Enterprise appliance transaction modules (EATM) - ANSWERS -offers the benefit of being an off-
the-shelf solution.
Software-as-a-Service (SaaS) - ANSWERS -also referred to as "cloud computing"
Cloud-based solutions not only make ERP software more affordable, they also make these
systems easier to implement and manage.
Enterprise resource planning is a category of: - ANSWERS -business-management software—
typically a suite of integrated applications—that an organization can use to collect, store,
manage and interpret data from many business activities
The central feature of all ERP systems is: - ANSWERS -a shared database that supports multiple
functions used by different business units.
ERP Systems run on: - ANSWERS -a variety of computer hardware and network configurations,
typically using a database as an information repository
IT investments - ANSWERS -the largest category of capital expenditure in United States-based
businesses over the past
Systems Integrators - ANSWERS -Brings unique knowledge on process, equipment, and vendor
solutions.
Configure ERP systems.
Best Practices - ANSWERS -This means the software reflects the vendor's interpretation of the
most effective way to perform each business process.
Answers9
Tacit Knowledge - ANSWERS -is difficult to transfer to other people, difficult to visualize, almost
impossible to write down. It is gained and learned through exposure and experience. Practical,
action oriented, how we know what we know.
Explicit Knowledge - ANSWERS -is academic, it's what you know. Its anything that is
documented.
Brain Drain - ANSWERS -the anticipated loss of technical skills, historical knowledge and the
honed abilities over time due to rapid rate of retirement.
NBA and SAP - ANSWERS -Analyzed NBA players and showed their statistics
Enterprise Resource Planning - ANSWERS -is an IT System and category of Business
Management Software.
-It includes a single, integrated database that supports business processes and these business
processes span multiple functional areas.
At its core, an ERP Solution: - ANSWERS -▪Gives a global, real-time view of data
▪Improves financial compliance
▪Automates core business operations
▪Enhances customer service
▪centralizes business data.
Components of ERP - ANSWERS -Transactional Database and Dashboard...
, Single database, Single System
Enterprise appliance transaction modules (EATM) - ANSWERS -offers the benefit of being an off-
the-shelf solution.
Software-as-a-Service (SaaS) - ANSWERS -also referred to as "cloud computing"
Cloud-based solutions not only make ERP software more affordable, they also make these
systems easier to implement and manage.
Enterprise resource planning is a category of: - ANSWERS -business-management software—
typically a suite of integrated applications—that an organization can use to collect, store,
manage and interpret data from many business activities
The central feature of all ERP systems is: - ANSWERS -a shared database that supports multiple
functions used by different business units.
ERP Systems run on: - ANSWERS -a variety of computer hardware and network configurations,
typically using a database as an information repository
IT investments - ANSWERS -the largest category of capital expenditure in United States-based
businesses over the past
Systems Integrators - ANSWERS -Brings unique knowledge on process, equipment, and vendor
solutions.
Configure ERP systems.
Best Practices - ANSWERS -This means the software reflects the vendor's interpretation of the
most effective way to perform each business process.
