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When an ERP Is Used,it Is Assumed That There Will

question 62

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When an ERP is used,it is assumed that there will be increases in efficiency and the effectiveness of the activities related to the revenue cycle.However,what must be in place and functioning well to fully realize these benefits?


Definitions:

Zero Defects

A quality management philosophy that aims for the minimization and elimination of defects in manufacturing processes and products.

Deming

Refers to W. Edwards Deming, an American engineer and statistician known for his work in quality management and his influential ideas in improving business processes.

Numerical Quotas

Specific numeric limits set for production, sales, or other business metrics that need to be achieved within a given timeframe.

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