Which of the following is true regarding enterprise resource planning (ERP)?
A) It stores data in different locations.
B) It is an older version of materials requirement planning.
C) It helped in developing the manufacturing resource planning package.
D) Stand-alone applications are a developed version of ERP.
E) It makes the process of sharing information between business activities easier.

Question

Quizplus · Accepted Answer

ERP is a software system that integrates and manages various business operations in a centralized database. It helps in sharing information between different activities and enables better communication across the organization. Option A is incorrect as ERP stores data in a centralized database, not in different locations. Option B is incorrect as ERP is a newer version of materials requirement planning. Option C is partially correct as ERP evolved from the earlier MRP II (Manufacturing Resource Planning) system. Option D is incorrect as stand-alone applications are separate software systems and not a developed version of ERP.

Which of the Following Is True Regarding Enterprise Resource Planning