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Week 2 Part 1 Flashcards | StudBud
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Week 2 Part 1
Week 2 Part 1
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StudBud Administration
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Flashcards
13 cards
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Practice quiz
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Questions
13
Answers
1
Artificial Intelligence in supply chains is used for:
Manual documentation
Inventory hiding
Predictive maintenance and demand forecasting
Cancelling orders
2
What makes blockchain
immutable
in supply chains?
It stores information on one device
It allows unverified data changes
It uses Excel for record-keeping
Data cannot be changed once added
3
What does the Internet of Things (IoT) enable in supply chains?
Real-time visibility and control
Delayed data sharing
Paper-based procurement
Manual inventory tracking
4
Which technology is used to simulate real-world systems in real-time for better decision-making?
Blockchain
Digital Twins
Cloud ERP
CRM
5
What is a key
challenge
when adopting IT systems in supply chains?
Integration with business strategy and human resources
Lack of mobile phones
Over-qualified workforce
Too much funding
6
Blockchain technology can improve transparency and traceability in supply chains.
True
False
7
What are the 5Vs of Big Data?
(Pick the correct combination)
Volume, Velocity, Variation, Verbal, Vision
Value, Variables, Verification, Volume, View
Volume, Velocity, Variety, Veracity, Value
Velocity, Verbal, Variety, Volume, Video
8
What does ERP stand for?
Enterprise Risk Planning
Enterprise Resource Planning
Electronic Resource Program
Enhanced Retail Platform
9
Which of the following is
NOT
typically part of Cloud ERP applications?
HRM
Financial
Supply and Purchasing
Gardening
10
Which of the following is an example of e-supply chain interaction?
B2B and B2C transactions
Walking to the warehouse
None of the above
Sending physical letters
11
All IT investments automatically improve business performance.
False
True
12
What is the primary role of digital technology in supply chains?
Replace all manual labor
Enhance visibility, efficiency, and coordination
Increase product cost
Enable faster recruitment
13
According to the resource-based view (RBV), what is essential for IT success?
Complementary resources like people and strategy
24/7 operations
High server costs
Only the software used
