BUAD 331 Exam 3 (with complete solutions)

______ added time is the percent of total cycle time that a product or service may spend waiting to have form, time, or place value added to it. A. Late shipment B. Product cycle C. Non-value D. Value correct answers C. Non-value ___________ represents the most ubiquitous and traditional form of inter-organizational communication systems. A. API B. EDI C. SRM D. CRM correct answers B. EDI ___________ risks are more about behaviors or perceptions of individuals that can negatively impact the IT solution in question. A. Financial B. Integration C. Social D. Technical correct answers C. Social _____________ is the IT adoption approach that is most likely to result in a more rigid IT infrastructure. A. Best-of-breed B. Best-of-suite C. Single vendor solution D. None of the above correct answers B. Best-of-suite _______________ is the physical integration of disparate systems among supply chain ecosystem members to exchange information in a timely and qualitative manner. A. Business-to-business integration B. Business-to-customer integration C. Customer-to-business integration D. Customer-to-customer integration correct answers A. Business-to-business integration _________________ is an architectural philosophy that can facilitate organizations use of reusable services that enable more seamless and timely information exchange. A. Cloud-based architecture B. Enterprise architecture C. Information architecture D. Service-oriented architecture correct answers D. Service-oriented architecture A contract relationship that is at arms-length, focuses on commercial transactions, and mitigates risk is consider a: