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39 Cards in this Set
- Front
- Back
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What is the problem with functional systems? |
Not centralized, so cannot share information |
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What is the island of automation? |
Automated systems for only on person |
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What is the purpose of process based system? |
Centralized database |
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What is the advantage of centralized database? |
everyone gets access to current data |
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What is the problem if you transition from functional system to process based? |
Costs lots of money/time |
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Why would you have functional systems? |
Research, secret information (CIA) |
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What's good about centralized system? |
efficiency and to save money |
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What happens if you transition from functional to integrated? |
coordinate different departments |
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Why did Porter say about business models? |
Doesn't work because people want original |
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What are treasury apps? |
deal with company's money and dividends to get people to invest |
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What is the purpose of forecasting systems? |
make predictions |
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Why would you store a lead and a customer on the same system like CRM/SAP? |
because lead is almost a customer |
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What is the advantage of web when dealing with product/services |
most accurate information, ways to solve problems, and save paper |
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What is the purpose of RIFD? |
Radio frequency identification -track inventory so they have idea of how company is doing and where inventory is where to go |
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How would inventory be an asset? |
stores with large inventory needed |
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How would inventory be a liability? |
technology departments, Moore's law, often change in technology |
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Some companies will use both assets and just-in-time |
? |
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What is ROI? |
Return on investment |
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What is BOM? |
Bill of materials -a list of materials being used and shows relationship between parts |
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What is MPS? |
Master production schedule -plan to produce products |
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What is Kanban? |
just in time production system |
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What is MRP? |
materials resource planning -doesn't include personnel, facilities, equipment |
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What is a linkage? Why? |
interactions between value producing activities -for money and efficiency |
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What is a value chain? |
group of value producing activities (supply, manufacturer) -add value and cost |
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What is a disjointed system? |
no integration, flow of data, cost more money |
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What did Porter say about the value chain? |
-network of activities that make your product more desirable, but always measure to get cost back |
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What did Porter say about the competitive strategies? |
want to be cheapest in market |
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What did Porter say about integrated system? |
value chain is most helpful in integrated systems with linkages, integration, to common database |
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What is support activity in value chain? |
not directly involved, but supporting (finding vendors, setting up contracts) |
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Why is it hard to calculate margin on lobbyists in DC? |
? |
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What is a problem with business process designs? |
sometimes, systems were tailor made |
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What is an enterprise application database? |
no centralized database, but connects centralized, middleware (?) |
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What is ecommerce? |
buying and selling of goods and services using private and public internets |
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How to reduce power of customers? |
make it harder for customers to leave, like loyalty programs |
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How to reduce supplier's bargaining power? |
long term contracts or if large corporation, allow them to use parts of your integrated system |
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How to keep new entrance out of market? |
keep entry expensive |
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What is the problem when organization increases value? |
everyone in supply chain wants more money too |
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What is stickiness? |
how long people can stay on website |
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What is the purpose of a store front? |
want to examine and try it (wedding ring) |
