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Database-Management-System
August 29, 2024
Database-Management-System
August 29, 2024
Database-Management-System
August 29, 2024
Database-Management-System
August 29, 2024

Database-Management-System

Question 671
Which of the following statements is/are true w.r.t. Enterprise Resource Planning (ERP) ?
(A) ERP automates and integrates majority of business processes.
(B) ERP provides access to information in a Real Time Environment.
(C) ERP is inexpensive to implement
A
(A), (B) and (C) are false.
B
(A) and (B) false; (C) true.
C
(A) and (B) true; (C) false.
D
(A) true ; (B) and (C) are false.
Question 671 Explanation: 
Enterprise resource planning (ERP) is the integrated management of core business processes, often in real-time and mediated by software and technology.
→ The most fundamental advantage of ERP is that the integration of a myriad of business processes saves time and expense.
→ Management can make decisions faster and with fewer errors. Data becomes visible across the organization.
TRUE: ERP automates and integrates majority of business processes.
TRUE: ERP provides access to information in a Real Time Environment.
FALSE: ERP is expensive to implement.
Correct Answer: C
Question 671 Explanation: 
Enterprise resource planning (ERP) is the integrated management of core business processes, often in real-time and mediated by software and technology.
→ The most fundamental advantage of ERP is that the integration of a myriad of business processes saves time and expense.
→ Management can make decisions faster and with fewer errors. Data becomes visible across the organization.
TRUE: ERP automates and integrates majority of business processes.
TRUE: ERP provides access to information in a Real Time Environment.
FALSE: ERP is expensive to implement.

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