EBK ESSENTIALS OF MIS
12th Edition
ISBN: 8220101459305
Author: LAUDON
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Concept explainers
Expert Solution & Answer
Chapter 9, Problem 18MLM
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.
Importance of ERP:
One would like to install ERP system than CRM and SCM because ERP is a method of using computer technology that links various departments like sales, inventory, accounting, and human resource. It is proposed to ease information sharing, business planning and decision making on a company wide basis...
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
When implementing an enterprise resource planning (ERP) system, what considerations should a company take into account? Is there anything it can do to prevent itself from overwhelming the system?
What does an ERP system (enterprise resource planning) mean?
While implementing an enterprise resource planning system, what considerations should a company make? How can it prevent itself from completely overwhelming the system?
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.Similar questions
- How should a corporation go about selecting an enterprise resource planning system? What can it do to keep from outgrowing its current system?arrow_forwardPlease explain the pros and cons of an Enterprise Resource Planning (ERP) product and give two of the best and largest providers of such software?arrow_forwardIt's vital to quickly touch on some of the most significant OOP concepts.arrow_forward
- Does your strategy for introducing an enterprise resource planning (ERP) system encompass all that must be done?arrow_forwardExplain, with the use of examples from the real world, how enterprise resource planning is beneficial to a company's customers as well as its business partners.arrow_forwardDiscuss why proposals of purchasing an enterprise resource planning (ERP) system should be finally considered and selected by Information Systems Steering Committee (ISSC) instead of both accounting department and IT department? You should start with describing the general nature and users of an ERP system.arrow_forward
- At least two dangers are involved with using an enterprise resource planning system, therefore explain them in detail. To what extent may these dangers be reduced?arrow_forwardIn the context of IT resource acquisition, what is Total Cost of Ownership (TCO), and how can organizations calculate it to make informed decisions?arrow_forwardWhat are the four different approaches that firms may use to implementing a system conversion?arrow_forward
- What sorts of things does a corporation need to think about before embarking on the implementation of an enterprise resource planning system? What measures can it take to ensure that it does not entirely overrun the system?arrow_forward4. Designing an Enterprise Architecture Components of a solid enterprise architecture include everything from documentation to business concepts to software and hardware. Deciding which components to imple- ment and how to implement them can be a challenge. New IT components are released 1 daily, and business needs continually change. An enterprise architecture that meets your organization's needs today may not meet those needs tomorrow. Building an enterprise architecture that is scalable, flexible, available, accessible, and reliable is key to your organization's success. You are the enterprise architect (EA) for a large clothing company called Xedous. You are responsible for developing the initial enterprise architecture. Create a list of questions you will need answered to develop your architecture. Below is an example of a few of the questions you might ask. ■ What are the company's growth expectations? ■ Will systems be able to handle additional users? ■ How long will information…arrow_forwardWhat Are the Keys for Successful SDLC Projectsarrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Fundamentals of Information SystemsComputer ScienceISBN:9781337097536Author:Ralph Stair, George ReynoldsPublisher:Cengage Learning
Principles of Information Systems (MindTap Course...Computer ScienceISBN:9781305971776Author:Ralph Stair, George ReynoldsPublisher:Cengage Learning
Fundamentals of Information Systems
Computer Science
ISBN:9781337097536
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781305971776
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning