Question

In: Finance

A company would like to implement a management information system that integrates all functional areas within...

A company would like to implement a management information system that integrates all functional areas within an organization to allow information exchange and collaboration among all parties involved in business operations. Which of the following systems is most effective for this application?

  • A. Microsoft Access
  • B. Data Analytics
  • C. An office automation system
  • D. ERP

Solutions

Expert Solution

(D) ERP - Enterprise Resource Planning

ERP is a management information system that integrates all functional areas within an organization to allow information exchange and collaboration among all parties involved in business operations.

ERP is a tool which is used in the offices to integrate different departments, like finance, marketing, operations, human resorces, etc.

Microsoft Access is used to save information. It's DBMS. It eases the process of analysing the data.

Data Analytics is searching data, filtering data to get more resourceful information

Office automation system is a generic term, It basically peratins to automating the manual activities. For instance microsoft word, excel automates the process of maintaining hardcopies of documents. So it basically tranforms the way of doing our work. All the work is automated by the computer system.

(if any query, please comment. I will reply in the comment)

jeff jeffy answered 1 year ago
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