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Gradebook $/$ OPS$/405$: Enterpri:

Summative Assessment $1-$ OF

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$2$ A small company is considering upgrading its software systems by adopting an ERP system but is uncertain about whether it is worth in implementing a new ERP system?

The impact on business processes$-$most ERP implementations have little effect on improving business processes.

The return on investment$-$most ERP systems see little return on investment for almost $10$ years.

The company budget$-$most ERP implementations cost $300-400\%$ of the initial budget.

The lack of collaboration$-$ERP tends to silo information in departments.

An automobile manufacturer has implemented a company$-$wide online forum where employees from different departments can solve manufacturing provided a quick solution to a question from the sales department about the functionality of a product. Which of the

Information

Data

Knowledge

Wisdom