SIA MIDTERM QUIZ

Question 1

Give three (3) essential criteria for the business process.

Question 2

Give at least three (3) functional areas of operation.

Question 3

Give at least (5) ERP vendors.

Answer 3

SAP
ORACLE
MICROSOFT
Sage
NetSuite

Question 4

Give the (4) core ERP modules

Answer 4

Finance and Accounting
Human Resource
Supply Chain Management
Customer Relationship Management

Question 5

Give the (12) benefits of implementing ERP systems.

Question 6

IDENTIFICATION

It is a type of software system that helps organizations automate and manage core business processes for optimal performance.

Answer 6

ERP (Enterprise Resource Planning)

Question 7

IDENTIFICATION

It is a standardized method a company uses to accomplish routine activities.

Answer 7

Business Process

Question 8

All processes must be designed to be repeated. Processes also need to be trackable, allowing you to monitor them for success.

Question 9

Processes that are set in stone don’t hold up in the real world.

Question 10

It is a collection of related activities performed by a particular department in your business.

Question 11

It is a collection of activities designed to achieve a specific outcome.

Question 12

It is a category of business software that automates business processes and provides insights and internal controls.

Question 13

It manages the general ledger and all financial data

Question 14

It is like a workforce management module.

Question 15

It Enables companies to oversee the flow of goods from suppliers through manufacturing and into customers’ hands.

Question 16

It tracks all client communications, assists with lead management, and can enhance customer service and boost sales.

Question 17

Typically consolidates data and processes from different departments into a unified platform, allowing seamless information flow across an organization.