You Work for a Manufacturing Business

question 3

Multiple Choice

You work for a manufacturing business. Your employer uses a model for selecting the supplier for the raw materials. They wish to become more responsive so that changes in the internal decision model can be quickly implemented in the systems. What is an appropriate recommendation?

• A)​Install a more advanced email system.
• B)​Install a social network interface to the customer relationship management system.
• C) ​Install better teleconferencing systems for anytime, anywhere teleconferencing with the suppliers.
• D) Install a Business Rules management system and interface it to the Supply chain management system.

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Definitions:

Miscellaneous Revenue

Miscellaneous Revenue represents income received by a business from sources not related to its primary operations, such as sales of assets, interest, or one-time events.

Reconcile

The process of ensuring two sets of records (usually the balances of two accounts) are in agreement.

Checking Accounts

Banking accounts that allow for easy deposit and withdrawal of funds for daily transactions.

Petty Cash

A small amount of cash on hand used for covering minor or incidental expenses within a business.