Premium Essay

Chapter 2 Review Questions Solutions

In:

Submitted By alleycakes
Words 897
Pages 4
Chapter 2 Review Questions Solutions

1. Describe and compare the six sources of software.
The six sources of software identified in the textbook are: (1) information technology services firms, (2) packaged software providers, (3) vendors of enterprise solution software, (4) application service providers and managed service providers, (5) open-source software, and (6) in-house development. IT services firms help companies develop custom information systems for internal use; they develop, host, and run applications for customers; or they provide other services. An IT services firm may be chosen if the system can’t be developed internally or requires customer support. Packaged software providers are companies that produce software exclusively, like Microsoft or Intuit, and are preferable if the task needing the system is generic. Vendors of enterprise solution software create a system that is composed of a series of integrated modules. Each module supports a business function, such as accounting, or human resources. ERP systems may be appropriate if a complete system is required that can cross functional boundaries. A more intense option for larger, more customizable solutions are Managed service providers who can provide more services than application service providers. ASPs and MSPs may be appropriate when instant access to an application is desired, and in the case of ASPs, when the task is generic. Open-source software is a type of software that is developed by a community of interested people and it is freely available. Open-source software is preferable when the task is generic and cost is an issue. Finally, in-house development is still an option. In-house development refers to the organization developing software with its own IT assets, rather than purchasing software elsewhere. In-house development may be appropriate when a system must be

Similar Documents

Premium Essay

Strategic

...that environment may change. Course assignments focus on the practical application of writing and critical-thinking skills and the integration of professional practice at the doctoral level. Learning Objectives Stated in Terms of Learning Outcomes By the end of this course, you will be able to: * Demonstrate an understanding of the evolution of traditional concepts of strategic management and thinking, including models of business-level competitive advantage * Evaluate contemporary challenges to traditional strategic management and thinking models * Apply systems-thinking principles to the framing and analysis of business problems and opportunities * Develop innovative business strategies designed to achieve sustainable solutions * Synthesize principles of sustainable strategic management and thinking into a viable problem statement for use in the Doctoral Study project Course Materials Texts Harvard Business School Press. (2005). Strategy: Create and implement the best strategy for your business.Boston, MA: Author. Senge, P., Smith, B., Kruschwitz, N., Laur, J., & Schley, S. (2010).The necessary revolution: How individuals and organizations are working together...

Words: 5304 - Pages: 22

Premium Essay

Operation Management

...Chapter Solutions Operations Management.pdf DOWNLOAD HERE CHAPTER 12: INVENTORY MANAGEMENT – Suggested Solutions to ... http://users.ipfw.edu/khamaljn/P301/Class_Notes/Solutions-Chapter12.pdf 1 BUS P301:01 CHAPTER 12: INVENTORY MANAGEMENT – Suggested Solutions to Selected Questions Summer II, 2009 Question 12.5 This is EOQ with D = 19,500 units/yr; H = $ ... CHAPTER 11 Operations Management http://www.eng.uwi.tt/depts/mech/ugrad/courses/meng3006/Week09b.pdf Operations Management, ... • To decouple operations ... CHAPTER 11 11-39 Inventory Management Economic Production Quantity I n v en t o r y L ev el CHAPTER 10 Operations Management - Academic Resources at ... http://academic.missouriwestern.edu/mlewis14/MGT%20416/Lectures/My%20Chap010.pdf Operations Management 8th edition 10-2 Quality Control CHAPTER 10 Quality Control McGraw-Hill/Irwin Operations Management, Eighth Edition, by William J. Stevenson PRODUCTION/OPERATIONS MANAGEMENT - … http://faculty-staff.ou.edu/B/Samir.Barman-1/POMsp02.doc PRODUCTION/OPERATIONS MANAGEMENT. BAD 5262 . SPRING 2002. Course Instructor: Samir Barman, Ph.D. ... Apr 02 Chapter 3 All Example Problems. Operations in a PR: 3.1-3.6 Chapter 7 Accounting for Financial Management http://harbert.auburn.edu/~yostkev/teaching/finc3630/notes/Chapter7solutions.pdf Chapter 7 Accounting for Financial Management ANSWERS TO END-OF-CHAPTER QUESTIONS 7-3 No, because the $20 million of retained earnings would probably not be held as cash...

Words: 852 - Pages: 4

Premium Essay

F14 - Adms 3585a, B, C Course Outline

...appointment adms3585@yorku.ca Calendar Description This course, in conjunction with AP/ADMS 3595 3.00, develops thorough knowledge and understanding of generally accepted accounting principles and financial statement analytical skills by examining various technical areas of financial accounting. Prerequisite: AP/ADMS 2500 3.00. Prior to Fall 2009 Prerequisite: AK/ADMS 2500 3.0. Course credit exclusion: AK/ADMS 3585 3.00. Learning Outcomes After completion of the course, apart from mastering the technical knowledge of the revenue and asset side of the financial statements, students should also 1. Understand the importance of ethics in the accounting profession and realize potential conflicts of interest that one may encounter in the profession. 2. Begin to learn how to see the inter-relationship between accounting issues, analyse them, and integrate the findings to draw reasonable conclusions. 3. Begin to learn the basics of case writing and communicate effectively. 4. Understand the importance of teamwork and learn how to develop work plans and resolve conflicts. Textbook Required Intermediate Accounting, 10th Canadian Edition, Volume 1, By Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, and Bruce McConomy ISBN: 978-1-118-30084-8 ©2013 Do not use previous editions Page 1 of 15 Recommended Accounting recommendations, CPA Canada...

Words: 4600 - Pages: 19

Premium Essay

Relationship Management

...GM1114 Relationship Management 2015 Course outline The course is divided into four modules Module 1 - RM Concepts, Module 2 - RM Applications in Consumer and Business Markets, Module 3 - RM Tools, Techniques and Technologies, and Module 4 - RM Implementation Module 1: Sessions 1-4 The Concept of Relationship Management Text: Chapters 1-4 This module focuses on the conceptual and theoretical foundations of RM. A number of theoretical perspectives developed in economics, law and social psychology are being applied in RM. These include transactions cost analysis, agency theory, relational contracting, social exchange theory, network theory, and inter-organizational exchange behavior. Resource allocation and resource dependency perspectives and classical psychological and consumer behavior theories have also been used to explain why organizations and consumers engage in relational behavior. An overview of these theories will help develop insights on RM from multiple perspectives. Session 1 : CRM : The Strategic Imperatives Reading – Chapter 1 Session 2: Conceptual Foundations of CRM Reading – Chapter 2 Session 3: Building Customer Relationships Reading – Chapter 3 Session 4: Economics of CRM Reading – Chapter 4 Additional Recommended Readings Module 1 Brodie, R. J., Hollebeek, L. D., Jurić, B., & Ilić, A. (2011). Customer Engagement: Conceptual Domain, Fundamental Propositions, and Implications for Research. Journal of Service Research, 14(3), 252271. Egol...

Words: 1471 - Pages: 6

Premium Essay

3585 Accounting

...adms3585@yorku.ca | Calendar Description This course, in conjunction with AP/ADMS 3595 3.00, develops thorough knowledge and understanding of generally accepted accounting principles and financial statement analytical skills by examining various technical areas of financial accounting. Prerequisite: AP/ADMS 2500 3.00. Prior to Fall 2009 Prerequisite: AK/ADMS 2500 3.0. Course credit exclusion: AK/ADMS 3585 3.00. Learning Outcomes After completion of the course, apart from mastering the technical knowledge of the revenue and asset side of the financial statements, students should also 1. Understand the importance of ethics in the accounting profession and realize potential conflicts of interest that one may encounter in the profession. 2. Begin to learn how to see the inter-relationship between accounting issues, analyse them, and integrate the findings to draw reasonable conclusions. 3. Begin to learn the basics of case writing and communicate effectively. 4. Understand the importance of teamwork and learn how to develop work plans and resolve conflicts. The students in this course are expected to achieve the following learning objectives through the completion of various assignments required for the course: * Technical Competencies in Financial Reporting that include the role of financial reporting, the application of reporting frameworks, the reporting of routine and non-routine transactions in different circumstances, and an understanding...

Words: 5073 - Pages: 21

Premium Essay

Cemex

...Portada Management information systems managing the digital firm Part One. Organizations, Management, and the Networked Enterprise ....1 Chapter 1. Managing the Digital Firm ....2 Opening Case: DaimlerChrysler's Agile Supply Chain ....3 1.1 Why Information Systems? ....4 Why Information Systems Matter 4 • How Much Does IT Matter? 6 • Why IT Now? Digital Convergence and the Changing Business Environment ....7 1.2 Perspectives on Information Systems ....13 What Is an Information System? ....13 Windows on Organizations: Cemex: A Digital Firm in the Making ....14 Window on Technology: UPS Competes Globally with Information Technology ....17 It Isn't Just Technology: A Business Perspective on Information Systems 18 • Dimensions of Information Systems ....20 1.3 Contemporary Approaches to Information Systems ....25 Technical Approach 26 • Behavioral Approach 26 • Approach of This Text: Sociotechnical Systems ....27 1.4 Learning to Use Information Systems: New Opportunities with Technology ....27 The Challenge of Information Systems: Key Management Issues 28 • Integrating Text with Technology: New Opportunities for Learning ....30 Make IT Your Business ....31 Summary, 31 • Key Terms, 32 • Review Questions, 32 • Discussion Questions, 33 • Application Software Exercise: Database Exercise: Adding Value to Information for Management Decision Making, 33 • Dirt Bikes USA: Preparing a Management Overview of the Company, 33 • Electronic Commerce Project: Analyzing...

Words: 3823 - Pages: 16

Premium Essay

Doc 1

...[pic] |Quantitative Methods – MAT 540 | |Student Course Guide | |Prerequisite: MAT 300 | |INSTRUCTIONAL MATERIAL – Required | |( including all mandatory software) | |Taylor, B. M. (2010). Introduction to management science (10th ed.). Upper Saddle River, NJ: Pearson/Prentice Hall. | |Treeplan add-on for Excel. This software is available in the Open Lab at Strayer campuses, and can also be downloaded from the textbook's | |companion Website. http://wps.prenhall.com/bp_taylor_introms_10/112/28870/7390752.cw/-/7390754/index.html | | | |COURSE DESCRIPTION | |Applies quantitative methods to systems management...

Words: 2976 - Pages: 12

Premium Essay

.Lkmk

...Chapter 3: Procurement Process Teaching Objectives The teaching objectives of this chapter are to: * Describe the steps in the procurement process. * Explain the role of different functional areas in efficiently and effectively completing the procurement process * Identify the key steps in the procurement process and the data, document, and information flows associated with the process. * Explain the financial impact of the steps in the procurement process * Explain the role of enterprise systems in supporting the procurement process Chapter Outline and Teaching Suggestions 1. Key Concepts and Assumptions a. Procurement - Requisition to pay b. Business to consumer c. Business to business Explain what procurement means and differentiate between B2B and B2C procurement. 2. A Basic Procurement Process d. The framework i. Physical flow ii. Data and document flow iii. Information flow Review the framework introduced in chapter 1 e. Physical Flow iv. Create requisition v. Create and send purchase order vi. Receive shipment vii. Receive invoice viii. Send payment Explain each step in terms of purpose. Discuss how communication between process steps is accomplished. 3. Document and Data Flow f. Purchase Requisition g. Purchase Order h. Packing List i. Goods Receipt Document j. Goods Receipt...

Words: 1822 - Pages: 8

Premium Essay

College

...Principles of Information Security Chapter 3 Review In: Computers and Technology Principles of Information Security Chapter 3 Review Chapter 3 Review 1. What is the difference between law and ethics? The difference between law and ethics is that law is a set of rules and regulations that are universal and should be accepted and followed by society and organizations. Ethics on the other hand was derived from the latin word mores and Greek word Ethos means the beliefs and customs that help shape the character of individuals and how people interact with one another 2. What is civil law, and what does it accomplish? A wide variety of laws that govern a nation or state and deal with the relationships and conflicts between organisational and entities and people. 3. What are the primary examples of public law? Criminal, administrative and constitutional law. 4. Which law amended the Computer Fraud and Abuse Act of 1986, and what did it change? The National Information Infrastructure Protection of 1996 amended the Computer Fraud and Abuse Act of 1986. It modified several sections of the CFA Act, and increased the penalties for selected crime. 5. Which law was specifically created to deal with encryption policy in the United States? The Security and Freedom through Encryption Act of 1999. 6. What is privacy in an information security context? Privacy is not absolute freedom from observation, but rather it is a more precise “State of being free from...

Words: 550 - Pages: 3

Premium Essay

Nt2640

...COURSE OVERVIEW 5 Catalog Description 5 Goals and Expectations 5 Learning Objectives and Outcomes 6 Career Impact 6 INSTRUCTIONAL RESOURCES 7 Required Resources 7 Additional Resources 7 COURSE MANAGEMENT 9 Technical Requirements 9 Test Administration and Processing 9 Replacement of Learning Assignments 10 Communication and Student Support 10 Academic Integrity 10 GRADING 11 COURSE DELIVERY 13 Instructional Approach 13 Methodology 13 Facilitation Strategies 14 UNIT PLANS 15 Unit 1: The TCP/IP Model, LANs, WANs, and IP Networks 15 Unit 2: TCP/IP Network, Transport, and Application Layers 24 Unit 3: IP Subnetting and Basic Router Configuration 34 Unit 4: IP Routing with Connected, Static, and RIP-2 Routes 44 Unit 5: IP Troubleshooting and EIGRP 53 Unit 6: Subnet Design 62 Unit 7: Advanced IP Routing Topics and OSPF 69 Unit 8: Advanced IP Topics 79 Unit 9: LANs 88 Unit 10: WANs 98 Unit 11: Course Review and Final Examination 107 COURSE SUPPORT...

Words: 22068 - Pages: 89

Premium Essay

Midterm Info

...consist of 17 True/False type (4 points each), 16 Multiple/Choices (7 points each) and 8 Essay Type (15 points each) with a total of 300 points. The Chapters covered are 1, 2, 3, 5, 6, and 7. The topics to focus in these Chapters are listed below following the general guidelines. General Guidelines for Preparation for the Test At the outset I want you to realize that this is an open book test, but full preparation is absolutely necessary. If you are not prepared enough and need to turn the pages of the book or power point slides or my Instructions at every step, then it would not be possible for you to finish all questions in time. Also remember that the questions are based on the Text Book chapter topics and my Instructions but are not directly from the book (as was also true in your bi-weekly assignments). Review my Instructions on the six chapters covered in the Midterm. Besides, also review the Two Tri-Weekly assignment solutions. As you have already seen, I give the solution to the Tri-Weekly Assignments with necessary explanations and details immediately after I finish grading (usually within 48 hours from the deadline for assignment submission). And I provide ppt slides for all chapters covered in this course. Moreover, I provide hints and explanations in my responses to all your emails everyday of the week and to questions in the Virtual Office. So you have enough resources available to prepare for the tests and assignments. But having so many resources available sometimes...

Words: 1729 - Pages: 7

Premium Essay

Ap Biology

...AP Biology Summer Independent Study Packet Directions: As you carefully read through chapters 1-7 in your Campbell Biology textbook, thoughtfully respond to each of the following questions. It is important that you actually read the chapters for review and understanding. Do not just look for answers to the questions provided. Review all diagrams provided. The majority of the material in these beginning chapters should be a review for you. If need be, focus on those areas which may seem less familiar. After reviewing this material independently during the summer, it is expected that you have a solid understanding of these basic concepts for the start of this course. Prepare any specific questions that you may have. Again, this is an independent review and you will be expected to know these concepts for future use and assessment. This introductory material will not be covered in detail during class time. Chapter 1: Introduction: Themes in the Study of Life 1. Explain the importance of a biological hierarchy in terms of biological organization. 2. Why must scientists study the interactions of organisms with each other and the environment? 3. Comment on the relationship between structure and function in biology. 4. How specifically is the cell life’s basic unit of structure and function? 5. What is the significance of DNA to organisms? 6. Explain the basic concept of a biological feedback system. How does it work? 7. Explain briefly...

Words: 2561 - Pages: 11

Free Essay

Advanced Accounting Chapter1

...Cambridge Business Publishers, LLC. Exclusive rights by Cambridge Business Publishers, LLC for manufacture and export. ALL RIGHTS RESERVED. No part of this publication may be reproduced, distributed, or stored in a database or retrieval system in any form or by any means, without prior written consent of Cambridge Business Publishers, LLC, including, but not limited to, in any network or other electronic storage or transmission, or broadcast for distance learning. STUDENT EDITION ISBN: 978-1-61853-151-3 Bookstores & Faculty: to order this book, call 800-619-6473 or email customerservice@cambridgepub.com. Students: to order this book, please visit the book’s Website and order directly online. Printed in Canada. 10 9 8 7 6 5 4 3 2 1 PREFACE W elcome to Advanced Accounting. We wrote this book with two major objectives in mind. First, we seek to reflect the changing topical emphases and content in the advanced accounting course; coverage is completely updated for new developments concerning applicable reporting issues and requirements, including the newest FASB and GASB pronouncements and proposals. We extensively discuss International Financial Reporting Standards where appropriate throughout the book. Second, we write from the perspective of enhancing teachability; many of the topics in this course are complex and require careful explanation. We highlight the major issues in...

Words: 24336 - Pages: 98

Free Essay

Apple Sec 10k Filling Analysis Chapter 1

...APPLICATION 2cd edition Complete the following before you submit your assignment. This step is required to validate your compliance with sections 107 or 108 of the 1976 United States Copyright Act.  1. Remove the front cover of the workbook and identify: * Name: Oskar Diaz de Leon                                               _. * Term: Spring1 2010                                                            . * Company:  Apple Computer Inc (AAPL)                  _    .  * Instructor:   Natasha Bell-Scott                                  _ .   2. Print out your completed electronic template.   3. Attach the following: * This front cover (completed) * Electronic solution template * Company annual report Chapter 1 - Introduction * Chapter 1: Select a Company and Gather Documents—Question 1Fill in the page numbers on the annual report where the following are located. | Required information for this workbook project. | Page No. | Required information for this workbook project. | Page No. | Financial Highlights (Not absolutely necessary, but very common in annual reports.) | 36 | Statement of Cash Flows | 59 | Chairman’s Message (President’s, CEO’s or other top official’s message or letter to the shareholders) | 36 | Notes to Financial Statements | 60 | Management’s Discussion and Analysis (MD&A) | 36 | Report of Independent Accountants or Independent Auditors’ Report | 89...

Words: 1572 - Pages: 7

Free Essay

Management

...This set of 28 questions, taken from prior examinations, covers topics in Chapters 1, 2, 3, 4, and 5. The purpose of sample multiple choice questions is to acquaint you with the style and substance of typical exam questions over this material. Please be aware that: 1. multiple choice format questions are only one of many resources available to prepare for testing events – reading textbook chapters and working through chapter examples, studying the end-of-chapter review problem and accompanying solution, and reviewing assigned homework items and the published solutions may be more powerful methods to increase your understanding of the topics covered in the course. 2. the exam questions used this quarter will be similar but different from these example questions – understanding the main concepts in each chapter is critical to success on the testing events; remembering a sample question may be of some help but the format of a question on the same topic often differs rendering memory a distant second choice to understanding. The Questions: 6. Scheney Company uses the weighted-average method in its process costing system. The company's work in process inventory on March 31 consisted of 20,000 units. The units in the ending work in process inventory were 100% complete with respect to materials and 70% complete with respect to labor and overhead. If the cost per equivalent unit for March was $2.50 for materials and $4.75 for labor and overhead, the total cost in the...

Words: 265 - Pages: 2