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Questions and Answers
What does the acronym ERP stand for?
What does the acronym ERP stand for?
- Efficient Resourcing Process
- Enterprise Resource Planning (correct)
- Enterprise Reporting Platform
- Extended Relational Processing
Which of the following is NOT an advantage of an ERP system?
Which of the following is NOT an advantage of an ERP system?
- It provides a centralized store of information
- Data is entered only once, eliminating redundancy
- It can handle supply chain management
- It requires separate software packages for each department (correct)
What is the primary function of an ERP system?
What is the primary function of an ERP system?
- To support all functional areas of a company (correct)
- To handle customer complaints
- To track employee performance
- To manage inventory levels
Why are ERP systems particularly important for larger and more complex businesses?
Why are ERP systems particularly important for larger and more complex businesses?
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What is meant by the term "silo approach" in the context of ERP systems?
What is meant by the term "silo approach" in the context of ERP systems?
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Which of the following statements about ERP systems is TRUE?
Which of the following statements about ERP systems is TRUE?
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