Concepts in Enterprise Resource Planning Exam Questions with Correct Answers Fully Solved Latest
2025
Enterprise Resource Planning (ERP) - Answers Integrated management of core business processes.
Business Functions - Answers Specific activities performed to achieve business objectives.
Business Processes - Answers Series of tasks to produce a specific outcome.
Functional Areas - Answers Departments responsible for specific business functions.
Supply Chain Management - Answers Management of flow of goods and services.
Accounting and Finance - Answers Management of financial transactions and reporting.
Human Resources - Answers Management of employee recruitment and welfare.
Marketing Information Systems - Answers Systems that manage marketing data and processes.
Sales Order Process - Answers Steps from order placement to fulfillment.
Production Management - Answers Overseeing production processes and resources.
ERP Software - Answers Software that integrates various business functions.
SAP - Answers Leading ERP software provider with various modules.
PeopleSoft - Answers ERP software focused on human resources management.
Oracle - Answers Provider of database software and ERP solutions.
ERP Implementation - Answers Process of deploying ERP software in an organization.
Return on Investment (ROI) - Answers Measure of profitability from an investment.
ERP Cost - Answers Total expenses associated with ERP acquisition.
Consultants and Vendors - Answers External experts assisting in ERP selection and implementation.
Business Intelligence (BI) - Answers Technologies for analyzing business data.
Mobile Computing - Answers Accessing computing resources via mobile devices.
Cloud Computing - Answers Delivery of computing services over the internet.
Process Modeling - Answers Visual representation of business processes.
Process Improvement - Answers Methodologies to enhance business processes.
ERP Evolution - Answers Development of ERP systems over time.
, ERP Features - Answers Functionalities offered by ERP software.
Midsized Companies - Answers Businesses with moderate revenue and employee count.
Very Small Business - Answers Smallest category of businesses with limited resources.
Editorial Review - Answers Assessment of content for quality and relevance.
ISBN - Answers International Standard Book Number for publications.
ERP - Answers Enterprise Resource Planning software for business integration.
Fitter Snacker - Answers Fictitious company used as an ERP example.
Inventory Sourcing - Answers Identifying suppliers for required materials.
Customer Relationship Management (CRM) - Answers Strategies to manage customer interactions and
data.
Materials Requirements Planning (MRP) - Answers Planning inventory and production scheduling.
Bill of Material - Answers List of raw materials for product assembly.
Lead Times - Answers Time taken from order to delivery.
Activity-Based Costing - Answers Costing method based on activities performed.
In-Memory Computing - Answers Data processing using RAM for faster access.
Software as a Service (SaaS) - Answers Cloud-based software delivery model.
NetWeaver - Answers SAP's integration and application platform.
Sales Forecasting - Answers Predicting future sales based on data.
Flowcharting - Answers Diagramming method for illustrating processes.
Implementation Tools - Answers Resources used for deploying ERP systems.
Financial Transparency - Answers Clear visibility into financial data and processes.
Intercompany Transactions - Answers Financial exchanges between different company branches.
Document Flow - Answers Path of documents through an organization.
Credit Management - Answers Process of managing customer credit risk.
Human Resources with ERP - Answers Managing employee data and processes via ERP.
2025
Enterprise Resource Planning (ERP) - Answers Integrated management of core business processes.
Business Functions - Answers Specific activities performed to achieve business objectives.
Business Processes - Answers Series of tasks to produce a specific outcome.
Functional Areas - Answers Departments responsible for specific business functions.
Supply Chain Management - Answers Management of flow of goods and services.
Accounting and Finance - Answers Management of financial transactions and reporting.
Human Resources - Answers Management of employee recruitment and welfare.
Marketing Information Systems - Answers Systems that manage marketing data and processes.
Sales Order Process - Answers Steps from order placement to fulfillment.
Production Management - Answers Overseeing production processes and resources.
ERP Software - Answers Software that integrates various business functions.
SAP - Answers Leading ERP software provider with various modules.
PeopleSoft - Answers ERP software focused on human resources management.
Oracle - Answers Provider of database software and ERP solutions.
ERP Implementation - Answers Process of deploying ERP software in an organization.
Return on Investment (ROI) - Answers Measure of profitability from an investment.
ERP Cost - Answers Total expenses associated with ERP acquisition.
Consultants and Vendors - Answers External experts assisting in ERP selection and implementation.
Business Intelligence (BI) - Answers Technologies for analyzing business data.
Mobile Computing - Answers Accessing computing resources via mobile devices.
Cloud Computing - Answers Delivery of computing services over the internet.
Process Modeling - Answers Visual representation of business processes.
Process Improvement - Answers Methodologies to enhance business processes.
ERP Evolution - Answers Development of ERP systems over time.
, ERP Features - Answers Functionalities offered by ERP software.
Midsized Companies - Answers Businesses with moderate revenue and employee count.
Very Small Business - Answers Smallest category of businesses with limited resources.
Editorial Review - Answers Assessment of content for quality and relevance.
ISBN - Answers International Standard Book Number for publications.
ERP - Answers Enterprise Resource Planning software for business integration.
Fitter Snacker - Answers Fictitious company used as an ERP example.
Inventory Sourcing - Answers Identifying suppliers for required materials.
Customer Relationship Management (CRM) - Answers Strategies to manage customer interactions and
data.
Materials Requirements Planning (MRP) - Answers Planning inventory and production scheduling.
Bill of Material - Answers List of raw materials for product assembly.
Lead Times - Answers Time taken from order to delivery.
Activity-Based Costing - Answers Costing method based on activities performed.
In-Memory Computing - Answers Data processing using RAM for faster access.
Software as a Service (SaaS) - Answers Cloud-based software delivery model.
NetWeaver - Answers SAP's integration and application platform.
Sales Forecasting - Answers Predicting future sales based on data.
Flowcharting - Answers Diagramming method for illustrating processes.
Implementation Tools - Answers Resources used for deploying ERP systems.
Financial Transparency - Answers Clear visibility into financial data and processes.
Intercompany Transactions - Answers Financial exchanges between different company branches.
Document Flow - Answers Path of documents through an organization.
Credit Management - Answers Process of managing customer credit risk.
Human Resources with ERP - Answers Managing employee data and processes via ERP.
