ERP Systems Are Based on Software Modules for Various Functional

question 46

True/False

ERP systems are based on software modules for various functional areas of a business such as purchasing,production planning,and supply chain management.

---

Definitions:

Formalized Rules

Established regulations and procedures designed to guide behavior and operations within an organization or institution.

Division Of Labor

A system in which different individuals or groups are responsible for different tasks or aspects of production, promoting efficiency and expertise.

Management Change

The process, tools, and techniques to manage the people side of change to achieve a required business outcome.

Intrapreneurship

The act of behaving like an entrepreneur within a larger organization, including taking initiative and promoting innovative projects.