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IDIS 344 EXAM 1 GUARANTEED A+

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IDIS 344 EXAM 1 GUARANTEED A+ ERP ️enterprise resource planning biggest threat in cybersecurity ️employees who is most responsible for cybersecurity? ️decision maker "goldilocks" theory ️stock just the right amount of inventory 3 tiers of product catalog ️section, group, categor...

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  • September 23, 2024
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  • 2024/2025
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  • IDIS 344 EXM 1 GUARANTEED A+
  • IDIS 344 EXM 1 GUARANTEED A+
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IDIS 344 EXAM 1 GUARANTEED A+
ERP ✔️enterprise resource planning



biggest threat in cybersecurity ✔️employees



who is most responsible for cybersecurity? ✔️decision maker



"goldilocks" theory ✔️stock just the right amount of inventory



3 tiers of product catalog ✔️section, group, category



upselling ✔️selling associated products, upgrades or add-ones to make a profitable sale



cost ✔️what distributor pays for item



price ✔️what customer pays for item



markup ✔️difference between price & cost



table files ✔️user defined set of parameters used by system



market cost ✔️higher than replacement to allow for fudge factor



replacement cost ✔️cost of item from vendor



weighted average cost ✔️true cost of inventory; recalculated when purchase order is received

, what is the heart of any ERP system? ✔️inventory control & management



customer item visibility ✔️customer's understanding of how much an item costs



purchase order ✔️how you buy from vendor



sales order ✔️how customer buys from you



what determines at least 1/2 of a firm's profitability situation? ✔️pricing decision-making process



3 C's of pricing ✔️cost, competition, customer



gross margin dollars ✔️total gross margin dollars generated by each customer over a certain period of
time



price sheet master 3 prices ✔️manufacturer's list, our list, trade



price sheet master 2 costs ✔️market & replacement



where does price from sales order come from? ✔️pricing hierarchy



hierarchy is set of _________ inputted by user that include various discount options ✔️guidelines



price comes from calculation of- ✔️discount profile



cost comes from- ✔️table file



activities employed in maintaining optimum number of each inventory item; objective is to provide
uninterrupted production, sales & CSLs at minimum cost ✔️inventory management

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