IBM Built a Single ________ That Would Handle Raw Material

question 144

Multiple Choice

IBM built a single ________ that would handle raw material procurement,manufacturing,logistics,customer support,order entry,and customer fulfillment across all of IBM-something that had never been done before.

• A)integrated supply chain
• B)extranet computer system
• C)customer service department
• D)intranet supply network system
• E)global procurement network

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Definitions:

Gold Standard

A monetary setup where the value of a nation's currency is directly tied to the value of gold.

Gold Stock

A quantity of gold held by a central bank or government to support the value of its currency and as a form of investment.

Money Supply

The sum of all financial assets in an economy, including cash, coins, and the amounts in checking and savings accounts at a given point in time.

International Currency

A currency that is widely used for global transactions and accepted between countries, such as the US dollar or Euro.