Question 1

Important business challenges of business, which are the main driving reasons for adoption of ERP systems are

Accepted Answer

A) Competitive Environment 
B) Information Age 
C) Enterprise Systems 
D) (a) and (b) D

Question 2

Enterprise resource planning (ERP)

Accepted Answer

A) has been made possible because of advances in hardware and software 
B) uses client/server networks 
C) creates commonality of databases 
D) All of the above are true of ERP D

Question 3

ERP systems have evolved from

Accepted Answer

A) The Materials Requirements Planning(MRP) Systems 
B) The Manufacturing Requirements Planning(MRP II) 
C) (a) and (b) 
D) Artificial Intelligence Systems C

Question 4

A major strength of MRP is its capability

Accepted Answer

A) to minimize labor hours used in production 
B) for timely and accurate replanning 
C) to reduce lead times 
D) to maximize production throughput

Question 5

The ERP systems which are poorly conceived and/or poorly implemented, will

Accepted Answer

A) fail and would not be able to provide the desired results 
B) may even prove fatal for the organization 
C) succeed after two years 
D) (a) and (b)

Question 6

Any manager in an organization needs to understand

Accepted Answer

A) The basic concepts of ERP System 
B) The strategic planning process and the implementation process for ERP system 
C) (a) and (b) 
D) The computer programming used in ERP systems

Question 7

ERP systems provide a number of benefits which include

Accepted Answer

A) Reduced Inventory 
B) Reduced Manpower 
C) Reduced cycle time 
D) All of the above

Question 8

ERP system is a highly integrated, and enterprise wide information system that covers

Accepted Answer

A) All the functional areas of an organization 
B) Manufacturing 
C) zarea of an organization 
D) Materials department of an organization

Question 9

ERP systems play a vital role in supporting

Accepted Answer

A) The business processes and operations of an organization 
B) Decision making by employees and managers of an organization 
C) The strategies of an organization for competitive advantage 
D) All of the above

Exam 2: Understanding Enterprise Resource Planning ERP Systems and Their Benefits