Question 1

__________ is the process of analyzing and selecting investments with the highest ROI for the company. The process may include comparing alternative investments; for instance, evaluating private cloud vs. public cloud computing options.

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Question 2

Identify the three organizational and management levels. For each level, explain the types of decisions made, the focus and time horizon of those decisions, and the types of data that are needed for their decisions.

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Question 3

Good planning is necessary because a major reason organizations fail is their inability to forecast and/or secure sufficient __________.

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Question 4

Some companies have adopted or are considering SaaS applications to help them with the HR function. However, other companies are apprehensive. List and briefly describe three reasons listed in your text that are holding companies back from using SaaS HR apps.

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Question 5

What is the purpose of an inventory control system? Identify the three cost categories where these systems are helpful in minimizing cost.

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Question 6

In their effort to streamline HR processes and increase employee retention and productivity, companies are implementing Web-based __________ applications.

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Question 7

Organizations distribute their products and services through a combination of electronic, mobile, and physical channels. List two examples of IT-supported distribution channels.

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Question 8

List three benefits of XBRL for organizations.

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Quiz 9: Functional Area and Compliance Systems