Module 7

Question 1

IT Supply Chain

Answer 1

system of interconnected computer systems between an organization

Question 2

Extranet

Answer 2

Controlled private network that allows access to partners, vendors, and suppliers

Question 3

Sarbanes Oxley Act (SOX)

Answer 3

laws enacted to counter fraudulent reporting.

Question 4

Generally Accepted Accounting Principles (GAAP)

Answer 4

accounting rules for financial statements

Question 5

Types of Research

Answer 5

1. Basic - a review of the subject and what has already been done in the world of business
2. Applied - research that is focused on developing a commercial product or process
3. Development - research that is focused on developing a commercial product or process

Question 6

Types of Reporting

Answer 6

1. Executive Level Reporting - Summary
2. Management level reporting - Details

Question 7

Customer Relationship Management (CRM)

Answer 7

provides communication tools and channels; facilitates marketing strategies to increase business; process to capture information about the business’ customers

Question 8

Geographic Information Systems

Answer 8

framework for gathering, managing, and analyzing data.