Chapter 01 Fundamentals of Processes Review Questions

Chapter 01 Fundamentals of Processes Review Questions -...

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Chapter 01 Fundamentals of Processes Review Questions 1. A sequence of tasks/activities that takes a set of inputs and converts them into the desired output is called a. The procurement process b. The fulfillment process c. A business process d. An Enterprise system e. A functional information system 2. Which of the following is a consequence of poor communication and coordination between process steps? a. Increased visibility into the process b. Decreased inventory levels c. Inconsistent data between process steps d. Reduced lead times e. Reduced cycle times 3. Which of the following processes is concerned with reporting to meet regulatory requirements a. Financial accounting b. Management accounting c. Asset management d. Project management e. Life cycle data management 4. Which of the following are consequences of poor coordination between process steps? (MA) a. Delays in process execution b. Reduced inventory c. Inconsistent data d. The silo effect e. Decreased lead times 5.
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This note was uploaded on 04/05/2011 for the course MGT 351 taught by Professor Smith,w during the Winter '08 term at Grand Valley State University.

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Chapter 01 Fundamentals of Processes Review Questions -...

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