Assignment:
Q 1. _________ handling and sharing has become a vital process for efficient and effective working of any organisation.
a. Material
b. Resource
c. Information
d. Database
Q 2. ________ became the fundamental concept of production management and control.
a. BOM
b. MRP
c. ERP
d. MRP II
Q 3. In the _________, ERP packages were targeted at the manufacturing industry.
a. 1970's
b. 1990's
c. 1980's
d. 1960's
Q 4. The _________ should plan well and execute perfectly the implementation of ERP.
a. Organisation
b. System developers
c. Vendors
d. Top Management
Q 5. Which is one of the most critical steps in the ERP implementation?
a. Creation of Organisational Model
b. Creation of Integrated Data Model
c. Creation of Business Model
d. Creation of Data Model
Q 6. What is one of the key resources of every organisation, in today's competitive business environment?
a. Employee
b. Information
c. ERP
d. Database
Q 7. When a customer needs to check the performance of the company before he places an order, which department has to be in a position to provide the necessary information?
a. Production
b. Quality
c. Marketing
d. Finance
Q 8. In an integrated data model, what gives a snapshot of the organisation at any given time?
a. ERP
b. Database
c. Management
d. MIS
Q 9. OLAP stands for:
a. On-Line Analytical Processing
b. On-Line Account Processing
c. On-Line Arithmetic Processing
d. On-Line Application Processing
Q 10. Data mining is the process of identifying valid, new, potentially useful, and ultimately clear ______________ from databases.
a. Decision
b. Strategies
c. Information
d. Account
Q 11. EIS stands for:
a. Executive Interaction System
b. Executive Interconnecting Systems
c. Executive Information Systems
d. Executive Instrumental Systems
Q 12. DSS is quite _______________ and is available on request.
a. Structured
b. Non-structured
c. Semi-structured
d. Unstructured
Q 13. ERP system is built on a ____________ utilising a common computing platform
a. Centralised database
b. Individual databases
c. Modular databases
d. Centralised layout
Q 14. Which of the following is an example for commercial ERP
a. ERP5
b. Microsoft Dynamics AX
c. Compiere
d. Fisterra
Q 15. NPV is the abbreviation of
a. Net Present Variation method
b. Net Present Value method
c. Neutral Present Value method
d. Net Preventive Value method
Q 16. ERP vendors usually design their systems around standard business processes, based upon ____________________
a. Business standards
b. Global standards
c. Best business practices.
d. Best profitable standards
Q 17. The _______ module's internal functions do not directly interact with the data or processes of other modules.
a. Finance
b. Quality Management
c. Sales and Distribution
d. Plant Maintenance
Q 18. Which among the following systems can be assigned to a cost centre directly which illustrates the interface to the cost accounting system?
a. FAPA
b. Purchasing
c. Sales and Distribution
d. CASO
Q 19. Which system provides the foundation for creating concurrent business processes across the supply chain and achieving Return on Assets (ROA) improvement?
a. Finance
b. Inventory
c. Manufacturing
d. Sales