List and briefly describe three different benefits of an ERP ...

[yoroshambo]

List and briefly describe three different benefits of an ERP system.
 
  What will be an ideal response?

Question 2

According to Keil and Robey (1999), a common pitfall in monitoring the risks of a project already underway is:
 
  A) relying too heavily on the use of consultants.
  B) failing to increase the resources working on the project.
  C) ignoring negative feedback.
  D) all of the above

[guyanai]

Answer to Question 1

There are many potential benefits related to integrating all of an organization's systems in one standard package. First, the overall cost of running the systems should decrease if the ERP system is installed properly. Secondly, there should be new efficiencies discovered in the ability to share data across departmental boundaries in real-time. This data should also be more timely and accurate than before and therefore should help users make better decisions. Standardizing all the processes in the organization should also make it easier to make changes in the future and to train users.

Answer to Question 2

C

[yoroshambo]

Thank you

[guyanai]

No problemo