Financial Impact Of ERP Implementation In An Organization (Education).

26 Questions | Total Attempts: 327

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Financial Impact Of ERP Implementation In An Organization (Education). - Quiz

Quize for Financial Impact of ERP Implementation in an Organization (Education).


Questions and Answers
  • 1. 
    Can ERP equally be effective for education sector?
    • A. 

      Yes

    • B. 

      No

    • C. 

      Can’t say

  • 2. 
    ERP does only provide integrated solution for administrative tasks but also provides seamless connectivity to the students if implemented in Education Sector.
    • A. 

      Yes

    • B. 

      No

  • 3. 
    ERP a single integrated system.
    • A. 

      Agree

    • B. 

      Neither agree / nor disagree

    • C. 

      Disagree

  • 4. 
    ERP Streamlines processes and workflows.
    • A. 

      Agree

    • B. 

      Neither agree / nor disagree

    • C. 

      Disagree

  • 5. 
    ERP reduces redundant data entry and processes.
    • A. 

      Agree

    • B. 

      Neither agree / nor disagree

    • C. 

      Disagree

  • 6. 
    Establish uniform processes that are based on recognized best business practices.
    • A. 

      Agree

    • B. 

      Neither agree / nor disagree

    • C. 

      Disagree

  • 7. 
    ERP helps in Information sharing across departments.
    • A. 

      Agree

    • B. 

      Neither agree / nor disagree

    • C. 

      Disagree

  • 8. 
    EPR Improves access to information at low cost.
    • A. 

      Agree

    • B. 

      Neither agree / nor disagree

    • C. 

      Disagree

  • 9. 
    ERP Improves workflow and efficiency reduces waste.
    • A. 

      Agree

    • B. 

      Neither agree / nor disagree

    • C. 

      Disagree

  • 10. 
    ERP Improves customer satisfaction based on improved on-time delivery, increased Quality, shortened delivery times.
    • A. 

      Agree

    • B. 

      Neither agree / nor disagree

    • C. 

      Disagree

  • 11. 
    ERP reduces inventory costs resulting from better planning, tracking and forecasting of requirements.
    • A. 

      Agree

    • B. 

      Neither agree / nor disagree

    • C. 

      Disagree

  • 12. 
    ERP turns collections faster based on better visibility into accounts and fewer billing and/or delivery errors.
    • A. 

      Agree

    • B. 

      Neither agree / nor disagree

    • C. 

      Disagree

  • 13. 
    ERP reduces in vendor pricing by taking better advantage of Quantity breaks and tracking vendor performance.
    • A. 

      Agree

    • B. 

      Neither agree / nor disagree

    • C. 

      Disagree

  • 14. 
    ERP tracks actual costs of activities and performs activity based costing.
    • A. 

      Agree

    • B. 

      Neither agree / nor disagree

    • C. 

      Disagree

  • 15. 
    ERP provides a consolidated picture of sales, inventory and receivables.
    • A. 

      Agree

    • B. 

      Neither agree / nor disagree

    • C. 

      Disagree

  • 16. 
    An ERP system provides the solid operational backbone.
    • A. 

      Agree

    • B. 

      Neither agree / nor disagree

    • C. 

      Disagree

  • 17. 
    The ERP system may be over-engineered relative to the actual needs of the customer.
    • A. 

      Agree

    • B. 

      Neither agree / nor disagree

    • C. 

      Disagree

  • 18. 
    ERP systems can be difficult to use.
    • A. 

      Agree

    • B. 

      Neither agree / nor disagree

    • C. 

      Disagree

  • 19. 
    ERP systems can be very expensive.
    • A. 

      Agree

    • B. 

      Neither agree / nor disagree

    • C. 

      Disagree

  • 20. 
    ERP’s are often seen as too rigid and too difficult to adapt to the specific workflow and business process of some companies.
    • A. 

      Agree

    • B. 

      Neither agree / nor disagree

    • C. 

      Disagree

  • 21. 
    Training for ERP is must.
    • A. 

      Agree

    • B. 

      Neither agree / nor disagree

    • C. 

      Disagree

  • 22. 
    ERP software requires support and maintenance.
    • A. 

      Agree

    • B. 

      Neither agree / nor disagree

    • C. 

      Disagree

  • 23. 
    EPR does not provide access to information.
    • A. 

      Agree

    • B. 

      Neither agree / nor disagree

    • C. 

      Disagree

  • 24. 
    The cost of ERP is less then the benefits one get from the system.
    • A. 

      Agree

    • B. 

      Neither agree / nor disagree

    • C. 

      Disagree

  • 25. 
    One can use ERP without Training.
    • A. 

      Agree

    • B. 

      Neither agree / nor disagree

    • C. 

      Disagree

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