ERP I Systems Are Mostly Back-Office Systems; ERP II Systems

question 34

True/False

ERP I systems are mostly back-office systems; ERP II systems are front-office information systems.

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Definitions:

Resource Maturity Stage

A phase in the lifecycle of resources where they have reached their peak in terms of production or yield.

Consolidate

To combine multiple elements into a single, more effective or coherent whole, especially financial debts or assets.

Control Finances

Managing and regulating one's financial activities or the financial activities of an organization to ensure stability and growth.

NFIB Survey

A research tool used by the National Federation of Independent Business to collect data on small business trends and sentiments.