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

26 Questions | By Machhindra | Last updated: Mar 22, 2022 | Total Attempts: 327

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

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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