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MIS 301n Question and answers rated A+ 2024

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MIS 301n Question and answers rated A+ 2024 contract manufacturing - correct answer Outsourcing production to third-party firms. Firms that use this don't own the plants or directly employ the workers who produce the requested goods. results in lower prices and increased profits, but can caus...

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  • August 27, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
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  • mis 301
  • mis 301n question and answers rated a 2024

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MIS 301- Chapter 3
contract manufacturing - correct answer ✔Outsourcing production to third-
party firms. Firms that use this don't own the plants or directly employ the
workers who produce the requested goods.


results in lower prices and increased profits, but can cause legal action, brand
damage, reduced sales, lower employee moral, and decreased appeal among
prospective employees


Outsourcing - correct answer ✔A decision by a corporation to turn over much
of the responsibility for production to independent suppliers.
-Advantage: lower costs and increased benefits
-Disadvantage: sweatshop labor, poor working conditions, and environmental
abuse
-Firms face legal action, brand damage, reduced sales, and decreased
appeal among prospective
employees


Advantages of outsourcing - correct answer ✔lower costs and increased
benefits


PDA (personal digital assistants) - correct answer ✔an early name for
handheld mobile computing devices.


Point of Sale (POS) system - correct answer ✔Transaction processing
systems that capture customer purchases.
These systems are critical for capturing sales data and are usually linked to
inventory systems to subtract out any sold items.

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