MISY 5340 Exam Questions And Answers
|Latest 2025 | Guaranteed Pass
Functional Structure - Answer✔This is where structures are divided into functions, or
departments, each of which are responsible for a set of closely related activities.
Examples of Functional Structures - Answer✔Purchasing, Operations, Research and
Development, Finance and Accounting, and Warehouse
Cross Functional Structures - Answer✔These structures consist of activities that occur in
different unrelated functions or departments. No single group or function is responsible for
their execution.
Silo Effect - Answer✔This is where workers complete their tasks without regard to the
consequences for the other components of the process.
Enterprise Systems (ES) - Answer✔These are systems that support end-to-end processes. They
are essential to the efficient and effective execution and management of business processes.
Enterprise Systems, with the help of IT, have greatly increased these... - Answer✔Profitability,
Productivity, and Competitiveness
Business Processes - Answer✔This is a set of tasks or activities that produce desired outcomes.
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Three Main Business Processes - Answer✔Buy, Make, and Sell
Procurement Process - Answer✔This refers to all of the activities involved in buying or acquiring
the materials used by the organization, such as raw materials needed to make products. (BUY)
Production Process - Answer✔This involves the actual creation of the products within the
organization. (MAKE)
Fulfillment Process - Answer✔This consists of all the steps involved in selling and delivering the
products to the organization's customers. (SELL)
Lifecycle Data Management Process - Answer✔This supports the design and development of
prducts from the initial product idea stage through the discontinuation of the product.
(DESIGN)
Material Planning Process - Answer✔This uses historical data and sales forecast to plan which
materials will be produced and procured and in what quantities. (PLAN)
Inventory and Warehouse Management Process - Answer✔This is used to store and track the
materials. (STORE)
Asset Management and Customer Service Process - Answer✔These are used to maintain
internal assets such as machinery and to deliver after-sales customer service such as repairs.
(SERVICE)
Human Capital Management Process - Answer✔This focuses on the people within the
organization and includes functions such as recruiting, hiring, training, and benefits
management. (PEOPLE)
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Project Management Process - Answer✔This is used to plan and execute large projects such as
the construction of a new factory or the production of complex products such as airplanes.
(PROJECTS)
Financial Accounting Process - Answer✔This tracks the financial impacts of process steps with
the goal of meeting legal reporting requirements. (TRACK-EXTERNAL)
Management Accounting or Controlling Process - Answer✔This focuses on internal reporting to
manage cost and revenues. ( TRACK-INTERNAL)
Material - Answer✔This encompasses all the products, components, parts, and so on that an
organization uses.
Project - Answer✔This is temporary in nature and is typically associated with large, complex
activities.
Trigger - Answer✔The event that cause the process step to be initiated.
Task - Answer✔The specific steps needed to complete the process.
Data - Answer✔The information associated with each process step.
Outcomes - Answer✔The specific products or consequences of the process step.
SAP - Answer✔They are the first company to build a packaged enterprise system.
Architecture - Answer✔The technical structure of the software, the ways that the users interact
with the software, and the ways the software is physically managed on computer hardware.
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