1In manufacturing, which is one of the major links in the supply chain?
Distribution centers
2Which function is coordinated by a supply chain management (SCM) system?
Procuring materials and transforming them into intermediate and finished products or services
3Which statement is true of electronic data interchange (EDI)?
It is more beneficial when there are more companies in its network.
4An online auction is based on the _____, which brings buyers and sellers together in a virtual marketplace.
brokerage business model
5In a customer relationship management (CRM) system, marketing strategies focus on:
long-term relationships with customers.
6Personal or informal knowledge is referred to as _____.
tacit knowledge
7Which is a benefit offered by a well-designed enterprise resource planning (ERP) system?
Increased timeliness of integrated information
8_____ is used to coordinate supply chain members through point-of-sale (POS) data sharing and joint planning
Collaborative planning, forecasting, and replenishment
9_____ allows customers to modify the standard offering, such as selecting a different home page to be displayed each time you open your Web browser.
Customization
10 Using a cloud-based enterprise system, organizations can store _____ data as they can on a private computer system.
more