Use these questions to help you prepare for assessments or exams. Note that these questions are not specifically the ones that will be on either the assessment or exam; the goal of answering these is for you to go back into the readings and gain a deeper understanding.
- What are 3 pros of using an ERP system for your business?
- What are 3 cons of using an ERP system for your business?
- List some benefits of using a Cloud ERP over an on-premise ERP. Are there any benefits by using an on-premise ERP?
- What sort of data might be stored within an ERP’s HRM module?
- List 3 benefits of integrating a TPS with a business’s ERP.
- What sort of data might be stored within an ERP’s CRM module?
- What is a FMS? What does integrating it with an ERP allow businesses to do?
- PM modules can be integrated into ERPs. What advantages does this bring?
- If a company does decide to implement an ERP, what is their overall goal with it? Your answer should be a short sentence.