6. Implementation of ERP investment decision must create measurable business ben

Question

6. Implementation of ERP investment decision must create measurable business benefits to justify acquisition costs and the costs of system implementation True or False

7. The benefits of ERP project will be visible as soon as the organization kicks-off the project implementation. True or False

8. Organizations implementing ERP systems may not have competitive advantage but will take advantage of the best practices in running their businesses True or False

9. ____________ is a commonly used tool associated with business process re-engineering.

10. The role of ______________ was created with the authority to design the process, measure its performance and train front line workers to perform the process.

Explanation / Answer

6. Implementation of ERP investment decision must create measurable business benefits to justify acquisition costs and the costs of system implementation.

This statement is true.

Enterprise Resource Planning (ERP) is meant for overall business planning of the organization including manufacturing, human resources management, inventory, financials, services etc. The cost of implementation is high therefore measurable business benefits can justify acquisition costs and the costs of system implementation.

7. The benefits of ERP project will be visible as soon as the organization kicks-off the project implementation.

This statement is false.

The benefits of ERP project takes long time to be visible for the organization. The benefits of ERP project will not be visible as soon as the organization kicks-off the project implementation.

8. Organizations implementing ERP systems may not have competitive advantage but will take advantage of the best practices in running their businesses.

This statement is true.

The ERP systems help the organizations for adopting the best practices in running their businesses by human resources management, inventory management, financials management, efficient services etc.

9. ____________ is a commonly used tool associated with business process re-engineering.

Enterprise Resource Planning (ERP) is a commonly used tool associated with business process re-engineering.

The role of business process reengineering in implementing enterprise resource planning (ERP) is very importance.

10. The role of ______________ was created with the authority to design the process, measure its performance and train front line workers to perform the process.

The role of process owner was created with the authority to design the process, measure its performance and train front line workers to perform the process.

A process owner has the responsibility and authority of designing the process, measuring its performance and training the frontline workers who perform the process.

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