Exam 14: Enterprise Resource Planning Systems

Enterprise resource planning is a once-per-year activity usually involving a management retreat.

mySAP.com is an internet interface that allows users to have the full functionality of the SAP software without requiring the deployment of any special software.

The sales and operations planning process within SAP's Supply Chain Management module has an Advanced Planner and Optimizer function which can perform any type of analysis except for simulation.

According to a survey done by the Harvard Business School, most executives had very positive feelings about ERP software.

The corporate services applications are designed to manage either centralized or decentralized services but some of each at the same time.

The technical aspects of SAP software are a closely guarded secret.

Orders taken over the internet pose a threat to data integrity in an ERP system.

Because of the high level of control that ERP software brings to business processes, cost overruns are rare when implementing ERP.

SAP modules are updated twice each year.

SAP AG is a major vendor of ERP software.

The SAP human capital management segment does not include which of the following?

The term cloud computing is used to refer to delivering hosted services over the Internet.

Use of cloud computing will reduce the cost of ERP services to small and medium sized businesses.

SAP R/3 cannot manage the firm's real estate portfolio but can interact with the department or external contractor performing that function.

Corporate Governance is one area that SAP does not support.

The "data warehouse" is an archive of records that must be retained for legal reasons.

Using the SAP Financials module requires that a firm adopt Activity-Based Costing (ABC).

The Advanced Planner and Optimizer is a library of advanced, highly configurable planning and optimization algorithms to provide task-specific, industry-specific, and even company-specific optimization.

Which of the following firms is not listed by the textbook as a major developer of ERP software?

NetWeaver is an SAP software product that allows users to build an unlimited variety of specialized applications that can work with SAP and the SAP databases.