Question

Question 1

Give three examples each of advantages and disadvantages of an ERP system with a centralized database. How can you increase the change of a successful ERP implementation?

Question 2

Some individuals argue that accountants should focus on producing financial statements and leave the design and production of managerial reports to information systems specialists. What are the advantages and disadvantages of following this advice? To what extent should accountants be involved in producing reports that include more than just financial measures of performance? Why?

       

Question 3 What is the relationship between business processes and ERP systems?

Question 4

James McFarlane is the manager of a medium-sized manufacturing company. His company is looking at improving the design of its sales and manufacturing processes and one employee has suggested that it considers adopting an ERP system. The employee said something about the benefit of best practice in ERP systems. James is not sure which way to go. He believes that the organisation’s current practices are basically sound, unique in the industry and that, with a little modification, they could be even more of a distinguishing factor for the business. He has reservations about ERP systems. Advise James on the risks and benefits an organisation faces in adopting the processes in an ERP system. Should his company go ahead with the ERP system? Explain your reasoning.

Question 5

What kinds of documents are most likely to be turnaround documents? Do an Internet search to find the answer and to find example turnaround documents.

Answer 1