TRUE / FALSE
1. One consequence of globalization is increased competition.TRUE
2. Due to globalization, organizations often locate parts of their operations in different countries. TRUE
3. Due to globalization, organizations tend to locate their operations in one country. FALSE
4. The information revolution refers to the increased use of communication and computer technologies to create, deliver, and use information.TRUE
5. The information revolution has a very limited role in globalization. FALSE
6. Information and communication technologies help organization coordinate their global operations. TRUE
7. People in organizations are becoming more dependent on information. TRUE
8. Knowledge workers are those who work in information systems departments of global companies. FALSE
9. Knowledge workers exist in all parts of an organization. TRUE
10. The packing list is part of the invoice receipt step in the Purchasing Process. FALSE
11. The packing list is part of the receive goods step in the Purchasing Process. TRUE
12. A three-way match is necessary before payment is made. TRUE
13. A packing list is associated with the warehouse in the procurement process. TRUE
14. A packing list is associated with accounting in the procurement process. FALSE
15. An invoice is associated with accounting in the procurement process. TRUE
16. An invoice is associated with purchasing in the procurement process. FALSE
17. A purchase order is associated with purchasing in the procurement process. TRUE
18. A purchase order is associated with sales in the procurement process. FALSE
MULTIPLE CHOICE
19. A sequence of tasks or activities that takes a set of inputs and converts them into desired outputs is called:
a. globalization
b. Income statement
c. a business process
d. an ERP system
20. ___________ indicates the financial condition of a company at a...