Which of the following is a FALSE statement regarding the purpose of an ERP system?
ERP integrates data from all the primary and secondary activities in a firm
ERP system is to enhance a product in a firm
ERP is to enable critical business decision such as forecast using latest data
ERP allows real time global updates whenever and wherever a transaction happens
Which of the following is true of ERP application programs?
During the ERP development process, the development team sets configuration parameters that specify how ERP application programs will operate
There are virtually no limits to how much configuration can be done in an ERP application program
Custom programming of ERP application programs is economical both initially and in long-term maintenance costs
In order to meet varying customer requirements, development teams have to change the program code of ERP application
The decisions concerned with the allocation and utilization of resources are referred to as ________
transactional decisions
managerial decisions
operational decisions
strategic decisions
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