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CMIS 342 EXAM 1 SIUE HESTER QUESTIONS WITH VERIFIED ANSWERS

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CMIS 342 EXAM 1 SIUE HESTER QUESTIONS WITH VERIFIED ANSWERS Business Process - Answers An ongoing collection of related activities that produce a product or a service of value to the organization, its business partners, and/or its customers FIVE Functions (areas of business) - Answers Accounting & Finance Sales & Marketing Production or Operations Human Resources (HR) Information Systems (IS) IS or MIS - Answers involves people, process, and technology. It's a broader term IT - Answers typically refers to hardware & software. Business Process Management (BPM) - Answers A management technique that includes methods and tools to support the design, analysis, implementation, management, and optimization of business processes Data - Answers Elementary description of things, events, activities and transactions that are recorded, classified and stored but are not organized to convey any specific meaning Information - Answers Data organized so that they have meaning and value to the recipient. Knowledge - Answers Data and/or information organized and processed to convey understanding, experience, accumulated learning and expertise as they apply to a current problem or activity. globalization - Answers "The integration and interdependence of economic, social, cultural, and ecological facets of life, enabled by rapid advances in information technology." What does ERP stand for? - Answers Enterprise Resource Planning SAP's ECC - Answers a single database that works with Core and Extended Modules What is included in SAP's Business Suite - Answers ECC plus SRM, CRM, SCM, PLM, etc. What's the main problems with FAIS? - Answers Poor exchange of information, duplication of effort, factual inconsistencies, no common standards What's the main difference between FAIS and SAP? - Answers Information integration accomplished through a single (HUGE!) database What is an ERP? - Answers A set of best practices for performing operations in your company What are the core ERP modules? - Answers Accounting and Financial, Manufacturing & Production, HR What does ECC stand for? - Answers Enterprise Central Component SAP stands for... - Answers Systems, Applications, and Products SAP ERP Core Applications? - Answers Logistics: sales & dist, materials mgmt, etc, Human Capital Mgmt: personnel mgmt, benefits, payroll, etc, Finance: financial accounting, managerial accounting, etc What are the key elements of SAP's ERP design? - Answers A SINGLE integrated database, business groups work with the SAME data in REAL TIME When does the Sales Order Fulfillment Process start? - Answers When the company receives a customer order When does the Sales Order Fulfillment Process end? - Answers When the company receives payment from the customer What business process does a Sales Order Fulfillment involve? - Answers Sales, Warehouse, and Accounting What department creates a sales order? - Answers Sales What department creates an outbound delivery? - Answers Warehouse What department picks/packs the order from inventory? - Answers Warehouse What department posts a goods issue? - Answers Warehouse What department issues an invoice? - Answers Accounting What department receives payment from the customer to clear the invoice? - Answers Accounting What is Master Data - Answers Master data is data that rarely changes, and is stored in the

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CMIS 342 EXAM 1 SIUE HESTER QUESTIONS WITH VERIFIED ANSWERS

Business Process - Answers An ongoing collection of related activities that produce a product
or a service of value to the organization, its business partners, and/or its customers

FIVE Functions (areas of business) - Answers Accounting & Finance

Sales & Marketing

Production or Operations

Human Resources (HR)

Information Systems (IS)

IS or MIS - Answers involves people, process, and technology. It's a broader term

IT - Answers typically refers to hardware & software.

Business Process Management (BPM) - Answers A management technique that includes
methods and tools to support the design, analysis, implementation, management, and
optimization of business processes

Data - Answers Elementary description of things, events, activities and transactions that are
recorded, classified and stored but are not organized to convey any specific meaning

Information - Answers Data organized so that they have meaning and value to the recipient.

Knowledge - Answers Data and/or information organized and processed to convey
understanding, experience, accumulated learning and expertise as they apply to a current
problem or activity.

globalization - Answers "The integration and interdependence of economic, social, cultural, and
ecological facets of life, enabled by rapid advances in information technology."

What does ERP stand for? - Answers Enterprise Resource Planning

SAP's ECC - Answers a single database that works with Core and Extended Modules

What is included in SAP's Business Suite - Answers ECC plus SRM, CRM, SCM, PLM, etc.

What's the main problems with FAIS? - Answers Poor exchange of information, duplication of
effort, factual inconsistencies, no common standards

What's the main difference between FAIS and SAP? - Answers Information integration
accomplished through a single (HUGE!) database

What is an ERP? - Answers A set of best practices for performing operations in your company

, What are the core ERP modules? - Answers Accounting and Financial, Manufacturing &
Production, HR

What does ECC stand for? - Answers Enterprise Central Component

SAP stands for... - Answers Systems, Applications, and Products

SAP ERP Core Applications? - Answers Logistics:

sales & dist, materials mgmt, etc,



Human Capital Mgmt:

personnel mgmt, benefits, payroll, etc,



Finance:

financial accounting, managerial accounting, etc

What are the key elements of SAP's ERP design? - Answers A SINGLE integrated database,
business groups work with the SAME data in REAL TIME

When does the Sales Order Fulfillment Process start? - Answers When the company receives a
customer order

When does the Sales Order Fulfillment Process end? - Answers When the company receives
payment from the customer

What business process does a Sales Order Fulfillment involve? - Answers Sales, Warehouse,
and Accounting

What department creates a sales order? - Answers Sales

What department creates an outbound delivery? - Answers Warehouse

What department picks/packs the order from inventory? - Answers Warehouse

What department posts a goods issue? - Answers Warehouse

What department issues an invoice? - Answers Accounting

What department receives payment from the customer to clear the invoice? - Answers
Accounting

What is Master Data - Answers Master data is data that rarely changes, and is stored in the

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