Benefits of erp system - Study guides, Class notes & Summaries

MANAGEMENT INFORMATION SYSTEMS EXAM REVIEW QUESTIONS AND ANSWERS, RATED A+ SCM, Supply Chain Management - -involves the management of information flows between and among stages in a supply chain to maximize total supply chain effectiveness and profitability. It is also considered the "business process of managing the complex interaction of products, materials, equipment, and cash as they flow through the supply chain and fulfill customer demand. Five basic components of SCM - -Plan/str...

AIS Final Exam vibez Questions 100% Solved What does ERP Stand for? What is ERP? - answer- Enterprise Resource Planning - a type of software that organizations use to manage day-to-day business activities such as accounting, procurement, project management, risk management and compliance, and supply chain operations 2 Key Advantages of using an ERP (computerized system instead of paper-based) - answer1. Improved efficiency: journal entries are automatically recorded due to the use of rea...

WGU C215 OPERATION MANAGEMENT/WGU C215 COMBINED ACTUAL EXAM ALL CORRECTLY VERIFIED QUESTIONS & ANSWERS ALREADY GRADED A+… What are two common drawbacks of implementing an enterprise resource planning (ERP) solution? 1. it requires extensive, often complex, training 2. it takes a long time to implement and to see any benefits What is the primary purpose in using the master production schedule (MPS) in the marketing department of an organization? To manage the demand for promised deliv...

Types of SAP conversions a. Brownfield (conversions from ECC SAP 6.0) b. Greenfield (clients in earlier versions or non-SAP systems), small to mid-size companies mostly Types of Implementation a) On-Premise (on-prem) b) Any Cloud c) SAP Private Cloud d) SAP Public Cloud On-Premise (on-prem) Implementation - client owns and manages hardware (servers, network) and software. Longest time to implement, highest cost, most flexibility. Any Cloud Implementation - client doesn't own hardware...

ERP Test 1 GODIN Questions And Answers 2024 Define Business Processes and what is means to have integrated business processes business processes - ANS-a set of tasks or activities that produce desired outcomes Key Processes: Procurement, Production, Fulfillment what is means to have integrated business processes? - ANS-All the data from a company being put together into 1 system, so all the departments can have access to it Define Enterprise Systems and ERP system. Provide examples and...

CIS 301 ERP Systems Comprehensive Review Q&A 2024. What is the main advantage of ERP? It is a single source of truth Four components in ERP Financial Sales and marketing Human resources Operations and logistics What are the benefits of ERP? - Eliminates redundancy of your info sources - Creates overview of the business What are some drawbacks of implementing ERP? High cost - It is a very complex system - It is difficult to integrate systems

Software Engineering (SWE) FPT Full Rated A B Which of the following does NOT belong to important principles of agile methods? [A]Embrace change [B]Process not people [C]Incremental delivery [D]Customer involvement [E]Maintain simplicity B What are the advantages of explicitly designing and documenting software architecture? [A]It improves stakeholder communications [B]All of the others [C]It encourages a detailed analysis of the system A Which of the following sta...

ITA203c Full FE Exam Questions and Answers 2024/2025 Solved 100% a - answerIf a company has an IT investment prioritization process, the company is more likely to achieve IT- Business alignment? a. True b. False c - answerIf there is a failure of IT governance, it is likely that: a. The board needs new directors with superior IT competence b. The CIO/CTO may be replaced c. Both a and b a - answerThe alignment between IT and business is a key IT management issue? a. True b. False e -...

Confronting, Confirming, and Dispelling Myths Surrounding ERP-in-the-Cloud: From Iron Cage to Agility AIS Transactions on Enterprise Systems (2015) Vol. 1 4 Confronting, Confirming, and Dispelling Myths Surrounding ERP-in-the-Cloud: From Iron Cage to Agility own set of challenges as organizations deal with issues regarding security, data ownership, software customization, reliability, accessibility, system maintenance, and of course cost [22]. Consequently, the combination of ERP an...

OMIS 351 FINAL EXAM ACTUAL QUESTIONS AND ANSWERS 2024 GRADED A You learn that a party at Frat House A will have 150 people and a part at Frat House B will have 5 people. You dont know any of the people and each party costs $5 to get in. You choose Frat House A because of brand supplier power network effects price value chain analysis Ans- network effects Chuck and Kyle's coffee shop is now offering a "buy 5 cups of coffee and get 1 free" promotion. This loyalty program has the ...