BUAD 331 Exam UTK ( Questions and Answers Verified
Solutions Latest Update
Question 1.
Which of the following is the primary issue enterprise systems are designed to
address?
Correct Answer: Information Fragmentation
Question 2.
Which ERP vendor entered the enterprise system market nearly 30 years after the
first solution was
introduced?
Correct Answer: Oracle
Question 3.
Which enterprise system facilitates an organization working more effectively with
its supplier pool?
Correct Answer: SRM
Question 4.
EDI and API are essentially the same thing called by different names.
Correct Answer: False. (EDI are computer to computer communication, API- is a
reusable service)
Question 5.
Business to Business integration
Correct Answer: _______________ is the physical integration of disparate systems
among supply chain ecosystem
members to exchange information in a timely and qualitative manner.
Question 6.
Electronic linkages help to ensure large businesses and SMBs can more efficiently
and effectively
execute procurement and fulfillment processes?
Correct Answer: true
Question 7.
The purpose of a _________ is to observe and document everything he/she sees.
Correct Answer: Watcher
Question 8.
Warehouse automation is another phrase for WMS.
Correct Answer: False (Warehouse management System)
, Question 9.
The goal of a _____________ is to facilitate the movement of goods and raw
materials from origin to
destination in an efficient, reliable, and cost-effective manner.
Correct Answer: TMS ( Transportation Management System)
Question 10.
Which of the following is not a common reason organizations invest in IT?
Correct Answer: Additional funds allocated to the IT operating budget
Question 11.
Approximately 20 percent of supply chain leaders believe the digital supply chain
will be the
predominant model within the next five years.
Correct Answer: False (Idk why but if yall know let me know and I'll put it in here lol)
Question 12.
___________ risks are more about behaviors or perceptions of individuals that can
negatively impact the
IT solution in question.
Correct Answer: Social
Question 13.
Why does L'Oreal believe that collaborating with suppliers is the key to future
business success?
Correct Answer: It is very challenging to satisfy end customers if the members of
the supply chain work as individuals
focused only on satisfying their own requirements.
Question 14.
Which of the following relationship types is the best to pursue?
Correct Answer: Either transactional or relational contract depending upon the goal
Question 15.
What would happen if Tesla were to structure all of its supplier relationships as
partnerships?
Correct Answer: The company would expend too many resources on relationships
that don't create much value, leading to
excessive costs.
Question 16.
Which of the following "building materials," if applied within a supply chain
relationship, is most
indicative of a strong relationship?
Solutions Latest Update
Question 1.
Which of the following is the primary issue enterprise systems are designed to
address?
Correct Answer: Information Fragmentation
Question 2.
Which ERP vendor entered the enterprise system market nearly 30 years after the
first solution was
introduced?
Correct Answer: Oracle
Question 3.
Which enterprise system facilitates an organization working more effectively with
its supplier pool?
Correct Answer: SRM
Question 4.
EDI and API are essentially the same thing called by different names.
Correct Answer: False. (EDI are computer to computer communication, API- is a
reusable service)
Question 5.
Business to Business integration
Correct Answer: _______________ is the physical integration of disparate systems
among supply chain ecosystem
members to exchange information in a timely and qualitative manner.
Question 6.
Electronic linkages help to ensure large businesses and SMBs can more efficiently
and effectively
execute procurement and fulfillment processes?
Correct Answer: true
Question 7.
The purpose of a _________ is to observe and document everything he/she sees.
Correct Answer: Watcher
Question 8.
Warehouse automation is another phrase for WMS.
Correct Answer: False (Warehouse management System)
, Question 9.
The goal of a _____________ is to facilitate the movement of goods and raw
materials from origin to
destination in an efficient, reliable, and cost-effective manner.
Correct Answer: TMS ( Transportation Management System)
Question 10.
Which of the following is not a common reason organizations invest in IT?
Correct Answer: Additional funds allocated to the IT operating budget
Question 11.
Approximately 20 percent of supply chain leaders believe the digital supply chain
will be the
predominant model within the next five years.
Correct Answer: False (Idk why but if yall know let me know and I'll put it in here lol)
Question 12.
___________ risks are more about behaviors or perceptions of individuals that can
negatively impact the
IT solution in question.
Correct Answer: Social
Question 13.
Why does L'Oreal believe that collaborating with suppliers is the key to future
business success?
Correct Answer: It is very challenging to satisfy end customers if the members of
the supply chain work as individuals
focused only on satisfying their own requirements.
Question 14.
Which of the following relationship types is the best to pursue?
Correct Answer: Either transactional or relational contract depending upon the goal
Question 15.
What would happen if Tesla were to structure all of its supplier relationships as
partnerships?
Correct Answer: The company would expend too many resources on relationships
that don't create much value, leading to
excessive costs.
Question 16.
Which of the following "building materials," if applied within a supply chain
relationship, is most
indicative of a strong relationship?
