BUSINESS ADMINISTRATION
MANAGEMENT INFORMATION SYSTEM
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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TRUE
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FALSE
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Detailed explanation-1: -What is ERP? Enterprise resource planning (ERP) is a type of software system that helps organizations automate and manage core business processes for optimal performance.
Detailed explanation-2: -At its core, ERP is an application that automates business processes and provides insights and internal controls, drawing on a central database that collects inputs from departments including accounting, manufacturing, supply chain management, sales, marketing and human resources (HR).
Detailed explanation-3: -By definition, Enterprise Resource Planning (ERP) is the integrated management of core business processes, often in real-time and mediated by software and technology.
Detailed explanation-4: -Enterprise resource planning (ERP) is a software system that helps you run your entire business, supporting automation and processes in finance, human resources, manufacturing, supply chain, services, procurement, and more.