BUSINESS DRIVEN TECHNOLOGY(LL)-W/ACCESS
BUSINESS DRIVEN TECHNOLOGY(LL)-W/ACCESS
7th Edition
ISBN: 9781260149043
Author: BALTZAN
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 12, Problem 1MBD

Explanation of Solution

Enterprise resource planning:

  • It is nothing but a planning that joins various departments and its functions all over an organization into a single information system.
  • This planning helps the employees to make their decisions on viewing the wide enterprise information about various business operations.
  • The main motive is to provide common database that supports various functions used by different business departments.

Example:

Consider the departments named sales and accounting that depend on the same data for their own needs.

Potential benefits in implementing ERP system:

As the senior manager, some of the potential benefits encountered in implementing ERP system are as follows:

  • By Integrating ERP there will be reduction in redundancy
  • Improved internal communication
  • It improves quality and customer relations
  • Improves productivity of employees
  • Saves more money
  • Consistency and accuracy of information

Potential risks in implementing ERP system:

As the senior manager, some of the potential risks encountered in implementing ERP system are as follows:

  • Lack of supporting technical infrastructure...

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