EBK USING MIS
10th Edition
ISBN: 8220103633635
Author: KROENKE
Publisher: YUZU
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Chapter 7.8, Problem 7.5ARQ
Explanation of Solution
ERP:
It stands for Enterprise Resource Planning. This empowers the business processes with the target to becoming highly efficient and highly profitable. It is an integrated process that unites business operations into a distinct, reliable and computing platform.
Capability of the ERP product:
In order to consider a product as the true ERP product, it must contain an application that integrates supply chain, manufacturing, CRM, human resources, and accounting.
Supply chain: It includes activities like sales ordering process, managing inventory, supplier management, etc.
Manufacturing: It includes, planning, scheduling, controlling, etc.
CRM: It contains activities like customer support, marketing, and its related activities.
Human resources: It contains activities like maintaining time and attendance, payroll, and its related activities.
Accounting: It includes cash management, general ledger, etc.
Components of ERP system:
ERP system contains five components. They are:
- Programs
Database - Procedures
- Training
- Consulting
Programs:
- The programs are configured in such a way that it meets all the requirements that an organization needs.
- It is also designed in a way that the developers can change the configuration whenever required.
- It is not designed to meet every customer needs as it is so complicated.
Database:
- It is important to consider a
program before implementing ERP because, it contains numerous databases that stores and manages the organization’s data...
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Chapter 7 Solutions
EBK USING MIS
Ch. 7.4 - Prob. 1WPQCh. 7.4 - Prob. 2WPQCh. 7.4 - Prob. 3WPQCh. 7.4 - Prob. 4WPQCh. 7.4 - Prob. 5WPQCh. 7.4 - Prob. 1EGDQCh. 7.4 - Prob. 2EGDQCh. 7.4 - Prob. 3EGDQCh. 7.4 - Prob. 4EGDQCh. 7.4 - Prob. 5EGDQ
Ch. 7.8 - Prob. 1SGDQCh. 7.8 - Prob. 2SGDQCh. 7.8 - Prob. 3SGDQCh. 7.8 - Prob. 4SGDQCh. 7.8 - Prob. 7.1ARQCh. 7.8 - Prob. 7.2ARQCh. 7.8 - Prob. 7.3ARQCh. 7.8 - Prob. 7.4ARQCh. 7.8 - Prob. 7.5ARQCh. 7.8 - Prob. 7.6ARQCh. 7.8 - Prob. 7.7ARQCh. 7.8 - Prob. 7.8ARQCh. 7 - Prob. 7.1UYKCh. 7 - Prob. 7.2UYKCh. 7 - Prob. 7.3UYKCh. 7 - Prob. 7.4UYKCh. 7 - Prob. 7.5UYKCh. 7 - Prob. 7.6CE7Ch. 7 - Prob. 7.7CE7Ch. 7 - Prob. 7.8CE7Ch. 7 - Prob. 7.9CE7Ch. 7 - Prob. 7.1CE7Ch. 7 - Prob. 7.11CS7Ch. 7 - Prob. 7.12CS7Ch. 7 - Prob. 7.13CS7Ch. 7 - Prob. 7.14CS7Ch. 7 - Prob. 7.15CS7Ch. 7 - Prob. 7.16CS7Ch. 7 - Prob. 7.17CS7Ch. 7 - Prob. 7.18MMLCh. 7 - Go to www.microsoft.com and search for Microsoft...
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