Quiz 3 Flashcards
Which of the following best defines the purpose of Accounting Information Systems (AIS)?
To manage financial transactions, ensure profitability and generates reports.
How do financial Information Systems (FIS) help businesses manage cash flow effectively?
By handing cash transactions and investment decisions.
Which of the following is an example o how QuickBooks benefits a business?
It automatically records expenses, sales and generates financial reports.
What is the primary benefit of integrating Computer Aided Design (CAD) and Computer Aided Manufacturing (CAM) in engineering?
Ensuring precise digital designs and error free manufacturing
How does Manufacturing Resource planning (MRP II) improve production efficiency?
By expanding MRP to include workforce scheduling and coordination
Which is NOT tipically considered a core responsibility of Human Resource Management (HRM) but rather a function of another business department?
Developing and executing marketing strategies to increase product sales
Which of the following best explains how informant technology helps reduce employee training costs?
By replacing traditional learning methods with scalable digital solutions, reducing travel materials, and instructor expenses.
Which of the following is NOT a disadvantage of ERP systems?
They eliminate the need for system maintenance and updates.
What is the primary purpose of location-based services in business?
To gather real-time consumer information such as where and when they shop
What advantage does web-based customer service offer?
It provides customer support 365 days per day
What is the primary advantage of conducting precise market segmentation when defining a target market in market research?
Maximize resource efficiency by focusing strategies on specific groups.
