Flashcards on Information Systems: Concepts and Management
Information Systems: Concepts & Management for Students
Tap to flip · Swipe to navigate
Enterprise ERP Systems
66 cards
Card 1
Question: What is an ERP (Enterprise Resource Planning) system?
Answer: A business management information system that automates and integrates transactions across different departments through a single system of modules sh
Card 2
Question: What business problem motivates an organization to implement an integrated management information system?
Answer: Symptoms like lack of information for decision-making, poorly automated routine tasks, duplication of tasks, multiple data entry, inconsistent data an
Card 3
Question: How do independent, non-integrated information systems cause inefficiencies?
Answer: They lead to multiple data entry, different interfaces, role reversal for data transcription, duplicated storage, and lack of uniformity in data and v
Card 4
Question: What are the primary goals of integrating digital tools across company departments?
Answer: To share data, avoid repetition of entries and storage, improve process efficiency, and enable real-time, consistent information across functional are
Card 5
Question: Describe the 'best of breed' strategy for enterprise information systems.
Answer: Selecting the information system best suited to each functional area or department and integrating those heterogeneous systems rather than implementin
Card 6
Question: What trade-offs come with implementing a single integrated ERP instead of best-of-breed systems?
Answer: An ERP offers greater uniformity and integration but typically less adaptation to specific functional needs and potentially less sophistication for ea
Card 7
Question: What is meant by the concept of 'single data' in ERP implementations?
Answer: Using a single shared database so information is stored uniformly in one place and can be used reliably by multiple users and functions across the com
Card 8
Question: How did ERP systems evolve historically?
Answer: ERPs emerged in the 1990s as an evolution of inventory management and production planning systems (MRP - Material Requirements Planning) and expanded
Card 9
Question: Which types of companies initially used ERPs and how has that changed?
Answer: Initially aimed at larger companies and multinationals for standardization; over time ERPs have become available in lighter forms and SaaS models suit
Card 10
Question: What is cloud or SaaS ERP and what must companies consider when using it?
Answer: ERP delivered as a subscription over the internet hosted by the vendor. Companies must address data privacy and service quality through service level