One Benefit of ERP Systems Is That ERP Integrates People

question 61

True/False

One benefit of ERP systems is that ERP integrates people and data while eliminating the need to update and repair many separate computer systems.

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Definitions:

Pareto Analysis

A decision-making technique used to prioritize tasks or identify key causes of problems based on the principle that 80% of effects come from 20% of the causes.

Fishbone Diagram

A visual tool used for identifying and organizing the potential causes of a problem, typically resembling the shape of a fishbone.

Total Quality Management

A management approach focused on continuous improvements in quality, aiming to reduce waste and increase customer satisfaction.

Manufacturing Processes

The methods and techniques used to transform raw materials into finished products through machinery and labor.