MIS 2101 Exam 2 Questions & Answers
Enterprise Resource Planning - ANSWERSis an IT System and category of Business
Management Software.
-It includes a single, integrated database that supports business processes and these
business processes span multiple functional areas.
At its core, an ERP Solution: - ANSWERS▪Gives a global, real-time view of data
▪Improves financial compliance
▪Automates core business operations
▪Enhances customer service
▪centralizes business data.
Components of ERP - ANSWERSTransactional Database and Dashboard...
Single database, Single System
Enterprise appliance transaction modules (EATM) - ANSWERSoffers the benefit of
being an off-the-shelf solution.
Software-as-a-Service (SaaS) - ANSWERSalso referred to as "cloud computing"
Cloud-based solutions not only make ERP software more affordable, they also make
these systems easier to implement and manage.
Enterprise resource planning is a category of: - ANSWERSbusiness-management
software—typically a suite of integrated applications—that an organization can use to
collect, store, manage and interpret data from many business activities
The central feature of all ERP systems is: - ANSWERSa shared database that supports
multiple functions used by different business units.
ERP Systems run on: - ANSWERSa variety of computer hardware and network
configurations, typically using a database as an information repository
IT investments - ANSWERSthe largest category of capital expenditure in United States-
based businesses over the past
, Systems Integrators - ANSWERSBrings unique knowledge on process, equipment, and
vendor solutions.
Configure ERP systems.
Best Practices - ANSWERSThis means the software reflects the vendor's interpretation
of the most effective way to perform each business process.
-Reduced time-consuming project tasks such as configuration, documentation, testing,
and training
Government resource planning (GRP) - ANSWERSis ERP for public sector, and an
integrated office automation system for government bodies.
business intelligence (BI) - ANSWERSERP has expanded to encompass Business
Intelligence (BI) while also handling "front-office" functions such as sales force
automation (SFA), marketing automation and ecommerce.
Sales Force Automation (SFA) - ANSWERS"front-office" functions, marketing
automation and ecommerce.
Cloud ERP - ANSWERSenables real-time reporting and BI, making them even valuable
to executives and staff seeking visibility into the business.
Portal or Dashboard - ANSWERSenable employees to quickly understand the business'
performance on key metrics.
Data migration - ANSWERSthe process of moving, copying, and restructuring data from
an existing system to the ERP system. Migration is critical to implementation success
Two-tier ERP software and hardware - ANSWERShardware lets companies run the
equivalent of two ERP systems at once: one at the corporate level and one at the
division or subsidiary level.
Analysis can identify: - ANSWERSopportunities for process modernization
SAP - ANSWERSworld's largest inter-enterprise software company
Customer Relationship MGMT - ANSWERSapproach to managing a company's
interaction w/ current & future customers
Accountability Creep - ANSWERSas data analytics increases so does employees being
accountable for issues. afraid incompetence will be exposed -improvement vs
elimination
Decision Making Process - ANSWERS-define problem
-identify limiting factors
Enterprise Resource Planning - ANSWERSis an IT System and category of Business
Management Software.
-It includes a single, integrated database that supports business processes and these
business processes span multiple functional areas.
At its core, an ERP Solution: - ANSWERS▪Gives a global, real-time view of data
▪Improves financial compliance
▪Automates core business operations
▪Enhances customer service
▪centralizes business data.
Components of ERP - ANSWERSTransactional Database and Dashboard...
Single database, Single System
Enterprise appliance transaction modules (EATM) - ANSWERSoffers the benefit of
being an off-the-shelf solution.
Software-as-a-Service (SaaS) - ANSWERSalso referred to as "cloud computing"
Cloud-based solutions not only make ERP software more affordable, they also make
these systems easier to implement and manage.
Enterprise resource planning is a category of: - ANSWERSbusiness-management
software—typically a suite of integrated applications—that an organization can use to
collect, store, manage and interpret data from many business activities
The central feature of all ERP systems is: - ANSWERSa shared database that supports
multiple functions used by different business units.
ERP Systems run on: - ANSWERSa variety of computer hardware and network
configurations, typically using a database as an information repository
IT investments - ANSWERSthe largest category of capital expenditure in United States-
based businesses over the past
, Systems Integrators - ANSWERSBrings unique knowledge on process, equipment, and
vendor solutions.
Configure ERP systems.
Best Practices - ANSWERSThis means the software reflects the vendor's interpretation
of the most effective way to perform each business process.
-Reduced time-consuming project tasks such as configuration, documentation, testing,
and training
Government resource planning (GRP) - ANSWERSis ERP for public sector, and an
integrated office automation system for government bodies.
business intelligence (BI) - ANSWERSERP has expanded to encompass Business
Intelligence (BI) while also handling "front-office" functions such as sales force
automation (SFA), marketing automation and ecommerce.
Sales Force Automation (SFA) - ANSWERS"front-office" functions, marketing
automation and ecommerce.
Cloud ERP - ANSWERSenables real-time reporting and BI, making them even valuable
to executives and staff seeking visibility into the business.
Portal or Dashboard - ANSWERSenable employees to quickly understand the business'
performance on key metrics.
Data migration - ANSWERSthe process of moving, copying, and restructuring data from
an existing system to the ERP system. Migration is critical to implementation success
Two-tier ERP software and hardware - ANSWERShardware lets companies run the
equivalent of two ERP systems at once: one at the corporate level and one at the
division or subsidiary level.
Analysis can identify: - ANSWERSopportunities for process modernization
SAP - ANSWERSworld's largest inter-enterprise software company
Customer Relationship MGMT - ANSWERSapproach to managing a company's
interaction w/ current & future customers
Accountability Creep - ANSWERSas data analytics increases so does employees being
accountable for issues. afraid incompetence will be exposed -improvement vs
elimination
Decision Making Process - ANSWERS-define problem
-identify limiting factors
