Question 1

What departments are involved in the business process of selling a new computer?

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Question 2

What are integrated information systems?

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Question 3

The business functions of financial accounting,cost allocation and control,planning and budgeting,and cash-flow management take place in the ____________________ functional area of operation.

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Question 4

Choose an example company and give situations for each business process in the following figure.Depending on your major or interest,choose one functional area of operation.

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Question 5

One example of the business function that happens in the human resource area of operation would be ____________________.

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Question 6

To avoid stockouts,manufacturers might carry extra raw materials known as ____________________.

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Question 7

Give some examples of Marketing and Sales in a small business such as a lemonade stand or some other simple example.

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Question 8

Which of the following is an input to HR?
A) Personnel forecasts
B) Sales data
C) Layoff and recall company policy
D) Travel expense company policy

Accepted Answer

Personnel forecasts are an input to HR as they help HR plan for staffing needs and recruitment processes. Sales data, layoff and recall company policy, and travel expense company policy are not direct inputs to HR.

Question 9

Describe the material order process in the following figure:

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Question 10

____________________ programs are core software used by companies to coordinate information in every area of the business.

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Question 11

Information systems designed so that functional areas share data are called ____________________.

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Question 12

A collection of activities that takes one or more kinds of input and creates an output that is of value to the customer is called a ____________________.

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Question 13

____ results in management overinvesting in extra raw materials
A) Bulging raw materials
B) Stockup
C) Safety stock
D) Excess baggage

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Question 14

A shortfall of raw materials is known as a ____________________.

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Question 15

An ____________________ includes the computers,people,procedures,and software that store,organize,and deliver information.

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Question 16

When manufacturing runs out of raw material,it's known as a(n)
A) Shortfall
B) Empty shelf
C) Depletion
D) Stockout

Accepted Answer

Stockout is the term used when manufacturing runs out of raw material. A stockout occurs when a company runs out of a particular item, causing a delay or halt in production. It can lead to lost sales, decreased productivity, and a damaged reputation.

Question 17

Describe the difference between functional areas of operation and business processes.Give an example of a business process.

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Quiz 1: Business Functions and Business Processes