Essentials of MIS (13th Edition)
13th Edition
ISBN: 9780134802756
Author: Kenneth C. Laudon, Jane Laudon
Publisher: PEARSON
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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...
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Chapter 9 Solutions
Essentials of MIS (13th Edition)
Ch. 9.2 - Prob. 1CQ1Ch. 9.2 - Prob. 2CQ1Ch. 9.2 - Prob. 3CQ1Ch. 9.2 - Prob. 4CQ1Ch. 9.3 - Prob. 1CQ2Ch. 9.3 - Prob. 2CQ2Ch. 9.3 - Prob. 3CQ2Ch. 9.3 - Prob. 4CQ2Ch. 9 - Prob. 1IQCh. 9 - Prob. 2IQ
Ch. 9 - Prob. 3IQCh. 9 - Prob. 1RQCh. 9 - Prob. 2RQCh. 9 - Prob. 3RQCh. 9 - Prob. 4RQCh. 9 - Prob. 5DQCh. 9 - Prob. 6DQCh. 9 - Prob. 7DQCh. 9 - Prob. 8HMPCh. 9 - Prob. 9HMPCh. 9 - Prob. 11HMPCh. 9 - Prob. 12CTPCh. 9 - Prob. 13CSQCh. 9 - Prob. 14CSQCh. 9 - Prob. 15CSQCh. 9 - Prob. 16CSQCh. 9 - Prob. 17CSQCh. 9 - Prob. 18MLMCh. 9 - Prob. 19MLM
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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
- What are common justifications in favour of outsourcing IT operations?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_forwardDescribe the key components and functions of an Enterprise Resource Planning (ERP) system in a business context.arrow_forward
- Explain the concept of total cost of ownership (TCO) in the context of IT resource acquisition. How can organizations minimize TCO?arrow_forwardWhat role does total cost of ownership (TCO) play in the decision-making process for IT resource acquisitions?arrow_forwardWhy Do Successful SDLC Projects Happen?arrow_forward
- Explain the concept of TCO (Total Cost of Ownership) in IT resource acquisition and why it is important for decision-making.arrow_forwardWhat Are the Keys for Successful SDLC Projectsarrow_forwardWhen it comes to ERP deployments, the infrastructure must also be taken care of. Describe the infrastructural components as well as the selection and implementation process.arrow_forward
- While selling an ERP system to a potential client the reduction of cost remains the highest concern to any client. A paper industry is thinking to implement ERP in their organization for faster lead time with faster product and service search functions. A decrease in paper, postage, and printing costs are few benefits they will achieve after implementing ERP system. What are the other factors that should be considered in addition to the tangible benefits while justifying ERP investments? Explain in detail.arrow_forwardEnterprise resource planning (ERP) is an inevitable backbone technology for manufacturing companies like Honda,Toyota and coca-cola.explain what benefits companies obtain by simplifying,automating and integration internal business process with the implementation of ERP system.arrow_forwardHere are the key terms from the chapter. The page where each term is first explained is in parentheses afterthe term.1. Business process reengineering(BPR) (p. 168)2. Closed-ended questions (p. 157)3. Disruptive technologies (p. 170)4. Formal system (p. 162)5. Informal system (p. 162)6. JAD session leader (p. 165)7. Key business processes (p. 169)8. Open-ended questions (p. 156)9. Scribe (p. 165)Match each of the key terms above with the definition that best fits it.1. The search for, and implementation of,radical change in business processes toachieve breakthrough improvements inproducts and services.2. The person who makes detailed notes ofthe happenings at a joint application designsession.3. Technologies that enable the breakingof long-held business rules that inhibitorganizations from making radical businesschanges.4. The way a system actually works.5. The official way a system works asdescribed in organizational documentation.6. The structured, measured set of activitiesdesigned…arrow_forward
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