Why do companies invest in ERP systems?
Question:
Why do companies invest in ERP systems?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (2 reviews)
Companies invest in Enterprise Resource Planning ERP systems for various reasons as these systems offer a wide range of benefits that can improve effi...View the full answer
Answered By
Diksha Bhasin
I have been taking online teaching classes from past 5 years, i.e.2013-2019 for students from classes 1st-10th. I also take online and home tuitions for classes 11th and 12th for subjects – Business Studies and Economics from past 3 years, i.e. from 2016-2019. I am eligible for tutoring Commerce graduates and post graduates. I am a responsible for staying in contact with my students and maintaining a high passing rate.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Systems Analysis And Design With UML 2.0
ISBN: 9781118037423
4th Edition
Authors: Alan Dennis, Barbara Haley Wixom, David Tegarden
Question Posted:
Students also viewed these Computer science questions
-
During the 1990s, many large companies began to realize that lack of integration among their information systems was leading to serious operational inefficiencies. Furthermore, these inefficiencies...
-
Why do some companies have more success with ERP than others? consider the mentioned below: Early ERP implementation reports indicated that only a low percentage of companies experienced a smooth...
-
Suppose that the stock price S, follows lognormal distribution St= Soe(a-8-0.50) t+oiz Prove that the conditional expectation of lognormal prices, when terminal stock price ST falls below Kis where d...
-
Since the early 2000s, there has been a significant increase in the price of corn-based ethanol. a. A key input in the production of corn-based ethanol is corn. Use an appropriate diagram to explain...
-
Stanley appliances produce washing machines and dryers. The company's external income statements for the last two years are given below: 2012 2013 2014? Units Sold 150,000 195,000 Sales Revenue $...
-
Annual sales of music compact discs (CDs) have declined since 2000. Sales were 942.5 million in 2000 and 384.7 million in 2008. (a) Find a formula for annual sales, S, in millions of music CDs, as a...
-
Choose a familiar clothing store. Describe its product mix, including its depth and width. Evaluate the mix and make suggestions to the owner.
-
1. On what major assumptions is the argument by Marquis based? 2. What basic principles of abortion opponents and abortion rights supporters does Marquis cite? 3. How do advocates on both sides of...
-
Honer Inc. has a pump with a book value of $37,000 and a 4-year remaining site. A new, more efficient pumps avelable at a t of $58.000 H can ao receive $0.300 for trading in the oid pump. The new...
-
What are the pros and cons of using a workaround?
-
What are some problems with using a packaged software approach to building a new system? How can these problems be addressed?
-
Suppose that the annual household income in a small mid western community is normally distributed with a mean of $55,000 and a standard deviation of $4,500. In addition to providing the answer, state...
-
Packard Company uses the sequential method. Packard Company allocates Janitorial Department costs based on square footage serviced. It allocates Payroll Department costs based on the number of...
-
Liquid B is flowing in laminar motion down a vertical wall. For z <0, the wall does not dissolve in the fluid, but for 0
-
1. Based on your working experience, share how it gives you a glimpse of workforce planning in the process. 2. How do you see workforce planning as part of what you would do in your HR profession?
-
A hacker has managed to gain access to the / etc / passwd file on a Linux host. What does this file provide the hacker access to ? Group of answer choices Usernames but no passwords The root username...
-
Assume you have a single OU with three users. You want to create a GPO that applies to only one of those users. In two paragraphs, describe the options you have to filter the GPO to apply to only a...
-
Aggressive versus Conservative seasonal funding strategy Dynabase Tool has forecast its total funds requirement for the coming year as shown in the following table. a. Divide the firm's monthly funds...
-
The figure shows six containers, each of which is filled from the top. Assume that water is poured into the containers at a constant rate and each container is filled in 10 seconds. Assume also that...
-
How is the logical design phase different from the requirements analysis phase?
-
What is the difference between functional and nonfunctional requirements, and what is the purpose of categorizing them into these categories? What are two formats that an analyst can use to document...
-
Youve made it through the problem analysis phase of the project and are now beginning the requirements analysis phase. During the first meeting on the business requirements, one of the other analysts...
-
Alpha Semiconductors experienced the following activity in its Photolithography Department during December. Materials are added at the beginning of the photolithography process. (Click the icon to...
-
QUESTION 80 Start-up costs not currently deductible can be amortized over 180 months. True False
-
Flint Construction Ltd. prepares its reports using IFRS. The following information relates to its shareholders equity on January 1, 2023, the first day of its fiscal year. $0.80-noncumulative...
Study smarter with the SolutionInn App