MIT4034– Enterprise Resource Planning (ERP)

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[ SPRING 2016 ] ASSIGNMENT

PROGRAM	Master of Science in Information Technology(MSc IT)Revised Fall 2011
SEMESTER	4
SUBJECT CODE & NAME	MIT4034– Enterprise Resource Planning (ERP)
CREDITS	4
BK ID	B1638
MARKS	60

Note: Answer all the questions.

Question. 1. Define ERP. What are the benefits of ERP?

Answer:Enterprise resource planning (ERP) is a category of business-management software—typically a suite of integrated applications—that an organization can use to collect, store, manage and interpret data from many business activities, including:

·         product planning, cost

·         manufacturing or service delivery

·       marketing and sales

Question 2. List the main parts of the Accounting and Finance module. Explain any two.

Answer : Enterprise Resource Planning System(ERP), just by considering name we can simply define ERP as  System or software that used to manage all the resources of whole enterprise. Right from employee payments to single screw coming into the enterprise , everything  can be managed & tracked by using ERP Systems. ERP is a cross functional software that supports all the business processes within the organization.

Question. 3. What are the limitations of integrated management information system?

Answer:A Management Information System (MIS) focuses on the management of information systems to provide efficiency and effectiveness of strategic decision making. The concept may include systems termed transaction processing system, decision support system, expert system, or executive information system. The term is often used in the academic study of businesses and has connections with other areas, such as information systems, information technology, informatics, e-commerce and computer science; as a result, the term is used

Question. 4. What are the general characteristics of management information systems?

Answer:For information to be useful to the decision maker, it must have certain characteristics and meet certain criteria.

Some of the characteristics of good information are

Question. 5. Explain why quality management is vital for companies?

Answer:Managing quality is crucial for small businesses. Quality products help to maintain customer satisfaction and loyalty and

Question. 6. List and Explain the different ways to manage the testing of ERP systems

Answer : One of the most critical factors in any Enterprise Resource Planning (ERP) implementation is testing. Research points out that in line with the volume and criticality of ERP implementations, testing occupies nearly 50% of the total ERP budget.

Given the strong growth experienced in the ERP

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