A manufacturer's decision to extend the degree of forward integration should be influenced by its desire to do which of the following?

I only
III only
I and II only
I, II, and III
Reduce the uncertainty of demand
I Erect barriers to potential competitors
II Reduce the number of processes to be controlled

Answer(s): C

Analyzing capital investments by estimating future cash flows and translating them into equivalent amounts in today's terms is called:

Answer(s): D

Which of the following is the most important consideration when designing an information system to control shop floor operations?

Supporting differentiation between functional areas and production operations
Providing staff specialists with the information needed to control production operations
Allowing factory personnel to manage their own production operations
Encouraging users to operate independently with a minimal amount of training

Answer(s): C