Packing slip is prepared by the warehouse.

When it comes to processing and storing information, human-beings have certain mental limits and they cannot outperform the decision support systems. The variety of the information and knowledge as pertains to the problem on hand has also a significant impact on the boundaries of the human mind. The size of the problem, the number of criteria a decision maker must consider can be faster, and the memory recall issues can be overcome almost always by EDSSs.

Supply chain management is as much a philosophical approach as it is a body of tools and techniques, and typically requires a great deal of interaction and trust between companies to work. However, three major developments brought SCM to the forefront of management’s attention:
• The information revolution

• Increased competition and globalization in today’s markets

• Relationship management

Recurrent information is information that is provided on a periodic basis from periodic reports. Market or customer shares, advertisement watch rates, product or service ratings, price fluctuations, exchange rates, customer complains on product basis are some examples of this kind of information that managers receive on a weekly, monthly, quarterly or annual basis.

Backdoors: It allows attackers to bypass the authentication mechanism and gain access to the system. • Scans: Detection and use of Internet vulnerabilities for self-interest. • Sniffer: Access confidential information such as a password by infiltrating Internet packet information. • Spoofing: Faking a website or e-mail to trick users into passing along credentials. • Logic bombs: Instruction in a computer program that triggers a malicious act.

Fixed assets are assets which are purchased for long-term use(more than a year) and the receivables of which due dates are longer than a year. Fixed asset system deals with the acquisition, maintanence and disposal activities of the fixed assets. The long-term receivables in the fixed assets are the part of the revenue cycle which deals with tracking and collecting receivables. So in the fixed assets system, the business will just focus on acquiring, maintaining, and the disposal of the fixed assets except receivables. Thereofre, the correct option is E.

The binary numeral system is a positional system with a base of 2, in which numeric values are represented using two symbols: 0 and 1.

Upon the due date, the business asks the customer to pay the balance. When the customer pays, the receivables account should be updated and closed. Cash receipt form is prepared in order to indicate the receivable is completely or partially collected.

Bundling is a form of cross selling where a company sells a group of products or services together at a lower price instead of offering combined individual prices of the products which are much higher. A sport broadcasting company’s offer a bundle price including different football leagues, TV channels and original movies can be given as an example. This price is lower than total of their separate prices

Cache memory is a high-speed temporary storage located in a CPU for storing parts of a program or data during computer processing.

Enterprise Resource Planning (ERP) software allows an organization to use a system of integrated applications (e.g., product planning, development, manufacturing, sales and marketing) in order to manage the business and automate many back office functions.

Customer Relationship Management (CRM)

software collects, manages and links information about the customer in order to create marketing campaigns, view a customer’s entire of history of interactions with a business.

Business Intelligence (BI) software extracts important data from an organization’s raw data in order to infer insights to help a business make faster and more accurate decisions.

The sales transaction is completed when the customer is billed. The customer examines the products upon arrival to the company. The products may not be suitable for the order that customer gave, or the products may be damaged during shipment. As exampled in these cases, customer may return the products back to the seller. When sold products are sent back to the business, the products are accepted by return invoice. By the acceptance of the returned products, inventory accounts and receivables accounts are updated reversly. Inventory account is increased, receivable account is decreased. If the sales done in cash, a payment has to be made to the customer also. Thereofre, the correct option is B.

It is possible to list the business departments as Marketing, Production, Human Resources and Accounting/Finance. Some other departments such as Public Relations and Research & Development are also included to subsystems in some enterprises. This environment could be listed as suppliers, customers, competitors, stockholders, financial institutions, labor unions, the community and government agencies.

Material requirements planning (MRP) is an inventory management system which is planned to help companies in scheduling and placing orders for items of dependent demand. Dependent demand items represent components of finished goods, such as raw materials, component parts, and subassemblies for which level of production of the final product is main source to adjust the amount of inventory needed. There are three main questions to be answered by MRP: what is needed? how much is needed? and when is it needed?

Spoofing is faking a website or e-mail to trick users into passing along credentials.

Planning needs forecasting activity. Especially for the future cash flows of the business are very important for the managers. In order to determine whether the business will have a surplus cash or a cash deficit for each period and to decide the surplus of deficit is temporary of permanent financial forecasting has to be made.

According to Deloitte Consulting, an ERP software enables a company to automate and integrate the majority of its business functions, share common data and practices across the entire enterprise, generate and access information in a realtime environment.

Useful life is the time that a business uses its fixed assets throughout. The economic life of an asset may be 10 years but if the business think to use it for 4 years, then its useful life will be 4 years.

Computers, computer chips and microprocessors, communication lines, sensors, robots are examples for the hard technology. As the Industrial Revolution progressed, basic machines provided more of the power for manufacturing, but workers retained much of the control of the process.

Core-Competence Management - Enter new skills and competencies - Maintain skill and competence data.