100% Correct Answers
Using cloud-based ERP - this allows for scalability and agility (ex. SAP BusinessOne)
Correct Ans ➡ Recently, there's been a trend to move away from large-scale ERP. What's
the new trend replacing this?
Business case Correct Ans ➡ This is a complete justification for making or continuing to make
an investment in new or ongoing IS
Productivity Paradox Correct Ans ➡ This stems from the difficulty many early
professionals had showing that worker productivity, measured as worker output per
employee hour, was increasing due to investments in IT.
Faith Correct Ans ➡ Arguments based on beliefs about organizational strategy,
competitive advantage, industry forces, customer perceptions, market share, and so on
Fear Correct Ans ➡ Arguments based on the notion that if the system is not
implemented, the firm will lose out to the competition, or worse go out of business
,Fact Correct Ans ➡ Arguments based on data, quantitative analysis, and/or indisputable
factors
Weighted multicriteria Correct Ans ➡ Sometimes the justification for a system has more
intangibles then tangibles, or a financial analysis doesn't paint a clear picture between
alternatives. In these cases, a __________ __________ analysis can be performed instead,
showing which alternatives meet organizational goals & priorities more completely than others.
Proxy variable Correct Ans ➡ This is a variable that's relevant to the audience if your
normal metrics aren't.
1) Systems planning & selection
2) Systems analysis
3) Systems design
4) Systems implementation and operation Correct Ans ➡ What are the four steps in the
System Development Lifecycle Process?
Systems Development Correct Ans ➡ This life cycle is a 4-step structured process that is
cyclical. This means that at any phase, you may return to an earlier phase.
Prototyping Correct Ans ➡ What's an alternative to SDLP (when you don't know the
output known upfront)?
, True Correct Ans ➡ T/F: The first two steps of an external acquisition are the same as the first
two steps in the SDLC. The third step is where the paths diverge.
The limitations of the internal IT staff Correct Ans ➡ What is the most common driving
factor for outsourcing systems?
Supply Chain Correct Ans ➡ This is a collection of companies and processes involved in
moving a product from the suppliers, to the intermediary suppliers, to final production and to
the customer
Supply Chain Correct Ans ➡ This is comprised of the companies that buy and sell goods
to each other to create a product from raw materials.
Just-in-Time Production Correct Ans ➡ This eliminates large stocks of manufacturing
supplies and associated storage, inventory, and handling costs. It also optimizes ordering
quantities.
Vendor-Managed Inventory Correct Ans ➡ This offloads inventory management to the
vendor selling the inventory