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ERP Overview (MISY 5340)- CH 2 Questions and Answers 100% Correct

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ERP Overview (MISY 5340)- CH 2

Institution
MISY 5340
Course
MISY 5340








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Institution
MISY 5340
Course
MISY 5340

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Uploaded on
October 16, 2025
Number of pages
3
Written in
2025/2026
Type
Exam (elaborations)
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ERP Overview (MISY 5340)- CH 2

Application layer - answer What the application allows you to do (create formulas or
charts, compose and essay)

Application platforms - answer allowing the various systems to communicate seamlessly
with one another as well as with systems outside the company

application suite - answer the collection of inter-company systems and the underlying
intra-companyERP system

architecture - answer technical structure of the software, the ways users interact with
the software, and the way the software is physically managed on computer hardware

business intelligence - answer general term that refers to the overall capabilities a
company uses to collect and analyze data from the variety of sources o better
understand it's operations and make better managerial decisions

characteristics - answerobjects for which data is collected

client - answerhighest organizational level in SAP ERP

company code - answerrepresents each separate legal entity in an organization,

company code - answerthe central organizational element of financial accounting

Customer Relationship Management (CRM) - answerconnects a company's ERP to
those of it's customers

Data layer - answerwhere the application stores it's work

enterprise resource planning (ERP) - answerworld largest and most complex enterprise
system

enterprise resource planning (ERP) - answerfocused primarily on intra-company
processes

Financial accounting (FI) documents - answerdocuments that record financial impact of
process steps

finished goods - answergoods created by production process from other materials, such
as raw materials or semifinished goods

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