100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Exam (elaborations)

ITC EXAM 3 QUESTIONS WITH CORRECT ANSWERS

Rating
-
Sold
-
Pages
7
Grade
A+
Uploaded on
25-01-2025
Written in
2024/2025

ITC EXAM 3 QUESTIONS WITH CORRECT ANSWERS...

Institution
ITC
Course
ITC









Whoops! We can’t load your doc right now. Try again or contact support.

Written for

Institution
ITC
Course
ITC

Document information

Uploaded on
January 25, 2025
Number of pages
7
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

Content preview

The total time it takes to complete a business process, from start to finish, is
called its ________ time. - ANSWER cycle

The business value of an effective supply chain management system includes all
of the following except: - ANSWER improved delivery service

A scheduling system for minimizing inventory by having components arrive
exactly at the moment they are needed and finished goods shipped as soon as
they leave the assembly line best describes a ________ strategy - ANSWER
just-in-time

Selling a customer with a checking account a home improvement loan is an
example of: - ANSWER cross-selling

The difference between push- and pull-based models is summarized by which
of the following slogans? - ANSWER make what we sell, not sell what we
make

Which metric is based on the relationship between the revenue produced by a
specific customer, the expenses incurred in acquiring and servicing that
customer, and the expected life of the relationship between the customer and the
company? - ANSWER customer lifetime value

Which of the following tools is used to analyze customer buying patterns? -
ANSWER Analytical CRM

Marketing modules in CRM systems provide tools for all of the following
except: - ANSWER assigning and managing customer service requests

Which of the following customer relationship management applications
provides analysis of customer data? - ANSWER analytical CRM

, Why isn't overstocking warehouses an effective solution for a problem of low
availability? - ANSWER It increases inventory costs

Which of the following enables a firm to generate demand forecasts for a
product and to develop sourcing and manufacturing plans for that product? -
ANSWER supply chain planning system

The bullwhip effect can be countered by: - ANSWER reducing information
uncertainty

Using social networking tools to converse with customers is called: -
ANSWER social CRM

Which of the following manages the flow of products through distribution
centers and warehouses to ensure that products are delivered to the right
locations in the most efficient manner? - ANSWER Supply chain execution
system

Distribution and delivery of products to retailers is part of the: - ANSWER
downstream portion of the supply chain

________ software modules seek to enhance collaboration between a company
and its selling partners. - ANSWER PRM

Which of the following enables a company to tailor a particular aspect of
enterprise software to the way a company does business? - ANSWER
Middleware

Uncertainties in the supply chain often lead to: - ANSWER increases in
inventory across all tiers

Supply chain software can be classified as either supply chain ________
systems or supply chain ________ systems. - ANSWER Planning; execution

Which of the following statements about enterprise applications is not true? -
ANSWER Enterprise applications are best implemented when few changes in
business processes are required.

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
Boostertips Chamberlain College Nursing
View profile
Follow You need to be logged in order to follow users or courses
Sold
259
Member since
3 year
Number of followers
195
Documents
5175
Last sold
1 month ago

3.8

44 reviews

5
19
4
8
3
10
2
2
1
5

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions