A) All the business data resides in one single system, making it accessible to authorized users who need it to perform their tasks.
B) While the initial implementation cost and any customization of an ERP system are expensive, the long-term costs may be less associated with owning one system, as opposed to multiple systems.
C) With the availability of real-time data all in one place, it simplifies the collection, analysis, and reporting of business data and improves business decisions.
D) With the continuous collection, analysis, and reporting of business data, management can better benchmark the business against its competitors.
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Multiple Choice
A) Strategic decisions
B) Non-routine decisions
C) Routine decisions
D) Capturing data
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Multiple Choice
A) Operating System
B) Database Management System
C) Data communication software
D) Utility programs
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Multiple Choice
A) Accounts Receivable
B) Receive Payment
C) Marketing Management
D) Inventory
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Essay
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Multiple Choice
A) An online transaction processing system (OLTP)
B) An online analytics processing system (OLAP)
C) A batch transaction processing system (BTP)
D) A batch analytics processing system (BAP)
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Essay
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Multiple Choice
A) A decentralized system connects all users to one central location built around a server or cluster of servers that all authorized users can access.
B) A decentralized system utilizes multiple locations connected to a central site.
C) A decentralized system is like a decentralized system; however, it goes a step further as it no longer has a central site connecting all the system nodes.
D) A decentralized system allows all users to have access to all data depending on their user access privileges, and all users are connected throughout the business.
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Multiple Choice
A) Oracle DBMS
B) Microsoft Outlook
C) Microsoft Access
D) QuickBooks
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Multiple Choice
A) Executive Leadership
B) Upper-level Management
C) Middle Management
D) Workers
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Multiple Choice
A) Numbers for Mac
B) QuickBooks
C) Microsoft Office
D) Google Sheets
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Multiple Choice
A) Cost is lower, as there is only one central location to be maintained.
B) Higher responsiveness from the system at remote locations, as they have their own system to process and retrieve their data.
C) Communication among the users is increased since they are all connected.
D) It promotes easier incremental growth or scalability of systems.
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Multiple Choice
A) Systems integration is the process of joining different systems or subsystems into one larger system and ensuring that they function as one system.
B) Systems integration is separating one company into two or more separate legal entities.
C) Systems integration is a combination of two separate companies into a new legal entity.
D) Systems integration happens when one company purchases another company to acquire all or most of the shares, and therefore control over that company.
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Multiple Choice
A) The most important ERP module that captures accounting data and generates financial documents, including financial statements, tax forms, and receipts.
B) Coordinates the entire supply chain, from purchasing of raw materials and supplies to inventory management and warehousing.
C) Manages production activities including machine operations and scheduling.
D) Captures and stores all customer information.
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Multiple Choice
A) Oracle DBMS
B) Microsoft Outlook
C) Microsoft Access
D) MySQL
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Multiple Choice
A) Cost is lower, as there is only one central location to be maintained.
B) Reduction in processing bottlenecks as employees aren't competing for processing power.
C) It promotes easier incremental growth or scalability of systems.
D) If one system fails, the other systems can still process transactions.
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Multiple Choice
A) Bill of Material
B) Receive Payment
C) Marketing Management
D) Inventory
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Multiple Choice
A) MIN
B) MAX
C) TRIM
D) IF
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Multiple Choice
A) Accounts Receivable
B) Receive Payment
C) Marketing Management
D) Inventory
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Multiple Choice
A) SUM
B) MAX
C) TRIM
D) CONCAT
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