Enterprise Resource Planning (ERP)
6 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

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?

  • 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?

  • 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?

    <p>They would otherwise have to manage disparate systems</p> Signup and view all the answers

    What is meant by the term "silo approach" in the context of ERP systems?

    <p>Storing data in separate, isolated systems</p> Signup and view all the answers

    Which of the following statements about ERP systems is TRUE?

    <p>They provide a single user interface for all functional areas</p> Signup and view all the answers

    More Like This

    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser