INMT5501 Week 9 Quiz

Which of the following are benefits of an ERP system over siloed-based systems?

• Streamlined and integrated business processes

• Less reliance on a single vendor

• More flexibiltiy in meeting unique needs of various departments

• Improved data visiblity and accessibility across departments

Which of the following would be considerations when choosing between open-sourced ERP and proprietary ERP systems?

• Access to technical expertise

• Location of the organisation

• Desire of flexibility or best practices

• Upfront licensing cost

Which of the following would be reasons for choosing on-premises ERP over SaaS-based ERP?

• Lower initial set up cost

• Full control over data and infrastructure

• Higher customization capabilities

• Faster access to new features and updates

Which of the following are descriptive of monolithic ERP systems?

• Single integrated platform with tightly coupled modules

• Build on cloud-based architecture

• Reliant on a single vendor

• Easy to replace individual components without affecting the entire system

Which of the following are reasons why we perform feasibility assessment during ERP implementation?

• To determine whether the company has the technical ability to implemetn the ERP system

• To determine whether the ERP system aligns with business objectives

• To identify possible risks and solutions

• To determine whether financial benefits of ERP system outweight its costs