Which of the Following BEST Describes Enterprise Resource Planning

question 114

Multiple Choice

Which of the following BEST describes enterprise resource planning?

• A) an information processing application for routine business activities of a company's business units
• B) an information system for organizing and managing a firm's activities across product lines, departments, and geographic locations
• C) a system used for transforming data into information for use in decision making
• D) a computer-based electronic technology that assists in designing products by simulating a real product and displaying it in three-dimensional graphics
• E) an internal inventory of a company's product lines

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Definitions:

Learning Organisation

An organization that actively pursuits the creation, acquisition, and transferring of knowledge, and adapting its behavior to reflect new insights and knowledge.

Transforming Business

The process of fundamentally changing the systems, processes, people, or technologies within a company to achieve measurable improvements in efficiency, effectiveness, and stakeholder satisfaction.

Learning Organisation

An organization that actively fosters a culture of continuous learning, enabling it to adapt and evolve in fast-changing environments.

Peter Senge

A systems scientist and senior lecturer at MIT, known for his work on learning organizations and the author of "The Fifth Discipline."