Question

Most experts believe that an enterprise resource planning system, with all the advantages it offers, also...

Most experts believe that an enterprise resource planning system, with all the advantages it offers, also has drawbacks, such as high cost, difficulties in installation, a need for extensive training, and compatibility problem with legacy systems. Recommend some ways to minimize these drawbacks.

Business   Operations-Management   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

While it is true that enterprise resource planning has the above mentioned drawbacks, it is also true that once these drawbacks are solved it will give best results to the company. We have to plan the process with our team and take every one's opinion inorder to get the perfect plan. Previous results must be considered and proper analysis must be done to avoid mistakes. Onsite training can be provided to reduce costs . When all the precautions are properly followed and done by experts installation is not a problem. It is true that we need to invest more for this but the returns we get are much more and it is worth the risk . When we take these precautions and proceed with proper planning we can minimise the drawbacks and get maximum results.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Mixed cost behavior pattern is unrelated to unit activity level. True False The Enterprise Resource Planning...
Mixed cost behavior pattern is unrelated to unit activity level. True False The Enterprise Resource Planning (ERP) systems integrate traditional accounting information with nonfinancial information; they also provide a comprehensive view of the organization; further, these systems evolved to address the short-comings of the traditional accounting systems. True False Managers should look to find a "cause-and-effect" relationship between overhead costs and related cost driver. True False A framework for decision making include: (1) Defining the Problem (2) Identifying Objectives (3)...
Betty and Tony Abscond have hired you to overview their Enterprise Resource Planning (ERP) system for...
Betty and Tony Abscond have hired you to overview their Enterprise Resource Planning (ERP) system for their business Looking for Love? (LFL), an online dating site. They have requested this review as a result of a recent media release they read on the Australian Competition and Consumer Commission (ACCC) website titled "Scams cost Australians half a billion dollars": https://www.accc.gov.au/media-release/scams-cost-australians-half-a-billion-dollars Betty and Tony are concerned that clients may be potential targets for internal and external fraud based on this media release....
HASBRO DEVELOPS A GLOBAL SYSTEMS STRATEGY If you’ve ever played in a sandbox with a Tonka...
HASBRO DEVELOPS A GLOBAL SYSTEMS STRATEGY If you’ve ever played in a sandbox with a Tonka dump truck, accessorized a My Little Pony, manipulated a Transformer, or engaged in mock combat with a G.I. Joe, you have experienced a piece of the Hasbro Inc. juggernaut. Begun by brothers Henry, Hilal, and Herman Hassenfeld in 1923 as a pencil box and school supplies company, Hasbro transitioned to toys in the 1940s. Acquisitions, including Milton Bradley, Tonka, and Wizards of the Coast...
The following article does a good job of breaking down the advantages/disadvantages of leasing vs. purchasing...
The following article does a good job of breaking down the advantages/disadvantages of leasing vs. purchasing vehicles: Title: Pros and Cons of Leasing vs. Buying a Vehicle Source: http://www.investopedia.com/articles/pf/05/042105.asp Buying a car can be overwhelming. In fact, the pleasure of getting a new car can be quickly clouded during the financing decision-making process and price negotiations. Besides price haggling, many car shoppers are plagued with the decision to leaseor buy. Which financing decision is right and why? This article will...
Review the Robatelli's Pizzeria Case Study. Develop another internal controls system, but this time, in the...
Review the Robatelli's Pizzeria Case Study. Develop another internal controls system, but this time, in the purchases and fixed assets business areas. Prepare a 12- to 16-slide presentation describing the purchases and fixed assets business areas. Be sure to incorporate speaker notes as well as appropriate visuals, graphics, fonts, etc. Include any associated risk in these areas. Describe specific internal controls that include authorization of transactions, segregation of duties, adequate records and documentation, security of assets, and independent checks and...
This case assignment draws from the Business Information Systems and the Systems Acquisition and Development modules...
This case assignment draws from the Business Information Systems and the Systems Acquisition and Development modules (Chapters 5 to 8). Its purpose is to provide you with experience in analyzing organizational information systems, making recommendations to improve these systems, and formulating a plan to execute on your recommendations. 1. Recommend one of your alternatives that is the best solution to the main issue and justify your recommendation. Your justification should be based on the key decision criteria and you must...
Answer True or False: 1. Classification criteria for economic system include decision-making systems, mechanisms for information...
Answer True or False: 1. Classification criteria for economic system include decision-making systems, mechanisms for information and coordination, incentive structures, property rights, and mechanisms for public choices. 2. All economic systems can be classified as market capitalism or centrally planned socialism. 3. Generally speaking, transition economies emerging from the former Soviet Union have done least well with transition, while those of Central and Eastern Europe have done the best. 4. Capitalism relies primarily on material incentives, while planned socialism and...
1. The failure of the new supply chain system affected Nike adversely. What were the reasons...
1. The failure of the new supply chain system affected Nike adversely. What were the reasons for the failure and how did the breakdown harm Nike? 2. What are the important elements to be kept in mind while implementing a new system in an organization? What is the importance of a good working relationship between partners and the sharing of responsibility in implementing critical projects? What mistakes did Nike and i2 make? 3. comment on the lessons learned and the...
Case Study: Henderson Printing is a small- to medium-sized manufacturer of account books, ledgers, and various...
Case Study: Henderson Printing is a small- to medium-sized manufacturer of account books, ledgers, and various types of record books used in business. Located in Halifax, the company has annual sales of about $12 million, mostly in the Atlantic provinces. The owner, George Henderson, is a firm believer in making a high-quality product that will stand up to many years of use. He uses only high-grade paper, cover stock, and binding materials. Of course, this has led to high production...
      MK Restaurant: Branding of Thai-Style Hotpot The restaurant industry is one of the most...
      MK Restaurant: Branding of Thai-Style Hotpot The restaurant industry is one of the most competitive in Thailand. With a large number of players ranging from restaurants in five-star hotels, global fast-food chains to small stalls along the streets and everything in between, the Thais are spoiled for choice. In addition, as the world becomes globalized, consumers are familiar with international dishes and would not hesitate to try new offerings from the other side of the globe. As a...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT