Businesses Achieve Systems Integration by Tying Their Systems Together Internally

question 17

Multiple Choice

Businesses achieve systems integration by tying their systems together internally and externally using:

• A) supply chain and customer relationship management.
• B) ebusiness domains and ecommerce.
• C) intranets and extranets.
• D) enterprise resources planning (ERP) and electronic data interchange (EDI).
• E) buy-side and sell-side systems.

Identify the goals and outcomes of specific downsizing strategies.

Recognize the relationship between downsizing and its impacts on organizational performance and employees.

Distinguish between short-term, medium-term, and long-term cost adjustment alternatives to downsizing.

Comprehend the importance of fairness (procedural, distributive, interactional justice) during the implementation of downsizing decisions.

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Definitions:

Equilibrium GDP

The level of Gross Domestic Product where aggregate supply equals aggregate demand in an economy.

Full Employment GDP

The output level produced by the economy when all available resources are efficiently employed, representing potential GDP under full employment.

Multiplier

In economics, a factor that quantifies the impact of spending changes in an economy, particularly the increase in income or economic activity resulting from an injection of spending.

Deflationary Gap

A situation where aggregate demand is less than the total supply of goods and services, leading to deflation and unemployment.