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A company finds that one of its warehouses is out of capacity to store products. Expanding the physical size of the warehouse is not an option. The most appropriate solution would be to increase the:
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Question 246 - CSCP discussion

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Enterprise resources planning (ERP) is defined as a:

A.
framework for organizing, defining, and standardizing business processes to use its internal knowledge to seek external advantage.
Answers
A.
framework for organizing, defining, and standardizing business processes to use its internal knowledge to seek external advantage.
B.
production control system that determines priorities of in-process work.
Answers
B.
production control system that determines priorities of in-process work.
C.
software module used to determine whether sufficient capacity is available to ship customer orders on time.
Answers
C.
software module used to determine whether sufficient capacity is available to ship customer orders on time.
D.
process whereby sales, marketing, and operations determine what products will be sold and what resources will be required for production.
Answers
D.
process whereby sales, marketing, and operations determine what products will be sold and what resources will be required for production.
Suggested answer: A

Explanation:

Enterprise Resource Planning (ERP) systems are comprehensive software platforms used to integrate and manage all the core business processes of an organization. Here's a breakdown of why option A is the most accurate definition:

Integration: ERP systems integrate various functions like finance, HR, manufacturing, supply chain, services, procurement, and others into one complete system to streamline processes and information across the organization.

Standardization: By standardizing processes and data, ERPs ensure consistency and accuracy across all business functions.

Process Organization: ERP systems provide a framework to organize business processes, ensuring that every department works with the same information and follows the same procedures.

Internal Knowledge Utilization: ERPs leverage internal data and processes to improve decision-making and operational efficiency.

External Advantage: The streamlined operations and improved data visibility provided by ERPs can enhance an organization's agility and competitive advantage in the marketplace.

Monk, E., & Wagner, B. (2009). Concepts in Enterprise Resource Planning. Cengage Learning.

O'Leary, D. E. (2000). Enterprise Resource Planning Systems: Systems, Life Cycle, Electronic Commerce, and Risk. Cambridge University Press.

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asked 16/09/2024
Misael Mosco Jiménez
40 questions
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