EBK ESSENTIALS OF MIS
12th Edition
ISBN: 8220101459305
Author: LAUDON
Publisher: PEARSON
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Chapter 9, Problem 6DQ
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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