Author Question: What are the different business functions integrated by enterprise resource planning (ERP) products? ... (Read 47 times)

newbem

  • Hero Member
  • *****
  • Posts: 579
What are the different business functions integrated by enterprise resource planning (ERP) products?
 
  What will be an ideal response?

Question 2

Organizations run the risk of unfavorable customer reviews when using social media applications.
 
  Indicate whether the statement is true or false



morrie123456

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

For a product to be considered a true ERP product, it must include applications that integrate the processes in the following business functions:
- Supply chain management (procurement, sales order processing, inventory management, supplier management, and related activities)
- Manufacturing (manufacturing scheduling, capacity planning, quality control, bill of materials, and related activities)
- Customer relationship management (sales prospecting, customer management, marketing, customer support, call center support)
- Human resources (payroll, time and attendance, HR management, commission calculations, benefits administration, and related activities)
- Accounting (general ledger, accounts receivable, accounts payable, cash management, fixed-asset accounting)

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

For a complete list of videos, visit our video library