Which of the following will help an organization maintain consistent business operations?
answer
Marketing, sales, and accounting departments decide to use the same vendor for a new system
question
Which system did the city of Los Angeles decide to implement to integrate purchasing and financial reporting?
answer
ERP
question
Which ERP component would have a feature to set a credit limit?
answer
Accounting and finance
question
What is the key word in ERP?
answer
Enterprise
question
Which component can help an organization determine such things as the identification of individuals who are likely to leave the company unless additional compensation or benefits are provided?
answer
Human resource components
question
Which of the following is the equivalent to purchasing a canned software ERP package?
answer
off the rack
question
What is enterprise resource planning?
answer
Integrates all departments and functions throughout an organization into a single TI system so that employees can make decisions by viewing enterprisewide information on all business operations
question
Which of the following describes an ERP system?
answer
-ERP systems provide a foundation for collaboration between departments
-ERP systems enable people in different business areas to communicate
-ERP systems have been widely adopted in large organizations to store critical knowledge used to make the decisions that drive the organization's performance
(All of the above)
question
Which of the following occurs when everyone involved in sourcing, producing, and delivering the company's product works with the same information?
answer
-Eliminates redundancies
-Cuts down wasted time
-Removes misinformation
(all of the above)
question
What is the average failure rate for an ERP project according to Gartner research?
answer
66 percent
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