1. Which of the following statements about ERPs is not true?

ERPs serve the information needs of the entire organization, regardless of functionality or department

Front-office operations are primarily concerned with an enterprise's external systems

An ERP system will always be larger than a particular stand alone system for the same organization

All ERPs features portals whose purpose are to connect every subsystem's databases together

2. In March 2012, the State of California scrapped an ERP system after spending more than $300 million on its development. The ERP system was aimed at modernizing the case-management portion of the state's court system. Which of the following could have been a reason why the State of California abandoned its ERP system upgrade?

The state became worried that overall costs of the ERP system would add up to be too much even after implementation

Too many employees could be reassigned as a result of streamlined business processes

Converting all of the state's data as well as integrating hardware and software was too overwhelming and/or costly

All of the above could be reasons why the state abandoned its ERP system upgrade

3. When the Florida State University (FSU) Seminoles won the National Championship in 2014, many marveled at how the Seminoles had remained practically immune to injuries throughout the course of the season. They accomplished this by implementing new wearable technology and monitoring in practices, where coaches were able to monitor player performance and health (including metrics such as heart rate) in real-time and adjust accordingly. These sorts of metrics were previously not available in real-time. The result was an 88% decrease in soft tissue injuries after implementing the new monitoring system.

Which of the attributes of Big Data did FSU most improve?

Variety

Velocity

Volume

None of the above

4. Lou Reed is the primary accountant at The Velvet Underground (TVU), a company that manufactures professional grade recording equipment and mixing boards. TVUs sales revenue grew from $250,000 in 2018 to $1 million in 2019, prompting Lou to upgrade his QuickBooks software. By the end of their third year, 2019, TVU had already turned a $150,000 profit. At that time, Lou performed analytics to estimate how promising sales of a new device TVU planned to sell could be. Each time Lou used analytics, he had to access a number of different databases to find all the data he needed.

Which type of data analytics did Lou use?

Descriptive

Predictive

Prescriptive

Both B and C