Business Across The Enterprise MCQs

Business Across The Enterprise MCQs

Our team has conducted extensive research to compile a set of Business Across The Enterprise MCQs. We encourage you to test your Business Across The Enterprise knowledge by answering these multiple-choice questions provided below.
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1: A business incurs a ___________ if its costs and expenses exceed its revenues

A.   Loss.

B.   Liability.

C.   Debit.

D.   Dividend

2: What is the primary goal of business process management (BPM)?

A.   To increase shareholder value

B.   To improve operational efficiency

C.   To maximize sales revenue

D.   To enhance customer satisfaction

3: Which of the following is an example of a cross-functional business process?

A.   Inventory control

B.   Payroll management

C.   Marketing campaign

D.   Order processing

4: What is the purpose of enterprise resource planning (ERP) systems?

A.   To manage the financial performance of a company

B.   To automate business processes and integrate data across departments

C.   To conduct market research and analyze customer behavior

D.   To optimize supply chain operations

5: Which of the following is a key component of customer relationship management (CRM)?

A.   Inventory management

B.   Quality control management

C.   Sales force automation

D.   Project management

6: What is the role of business intelligence (BI) in the enterprise?

A.   To collect and analyze data to support decision-making

B.   To manage human resources and employee performance

C.   To ensure regulatory compliance and risk management

D.   To design and implement marketing campaigns

7: Which of the following is an example of a key performance indicator (KPI)?

A.   Employee turnover rate

B.   Social media followers

C.   Office supplies inventory

D.   Customer satisfaction score

8: What is the purpose of supply chain management (SCM) in the enterprise?

A.   To manage customer relationships and sales processes

B.   To optimize production and distribution of goods and services

C.   To streamline financial operations and manage cash flow

D.   To enhance employee engagement and talent development

9: What is the primary objective of business process reengineering (BPR)?

A.   To reduce costs and improve efficiency

B.   To increase market share and revenue

C.   To enhance product quality and customer satisfaction

D.   To develop new products and enter new markets

10: Which of the following is an example of a business-to-business (B2B) transaction?

A.   Online retail purchase by an individual customer

B.   Purchase of raw materials from a supplier

C.   Subscription to a streaming service

D.   Hotel reservation for personal travel

11: What is the purpose of enterprise risk management (ERM) in the organization?

A.   To identify and mitigate potential risks and uncertainties

B.   To manage customer relationships and enhance loyalty

C.   To optimize supply chain operations and inventory control

D.   To develop and execute marketing strategies