Important point to be kept in mind while evaluating ERP software is the total costs that includes
I. Cost of license
II. Cost of Training
III. Implementation and maintenance cost.
IV. Customisation and hardware requirements costs.

Related MCQs

• Identify the subsystems of Plant Maintenance module of an ERP system: I. Component Tracking II. Preventive Maintenance Control III. Inventory Management IV. Cost Management
• Match the following sets of topology categories and their examples. First Set: I. Internal failure costs II. External failure costs III. Appraisal costs, IV. Prevention costs Second Set: A. Costs of scrap. B. Design and development of new quality equipment C. Cost of inspecting upon arrival. D. Warranty claims.
• World Software automatically allows the user to, I. Selectively mix, match and integrate software applications. II. Easily modify it to ongoing business, local and organization-specific requirements. III. Maximise productivity by shrinking the amount of training users n IV. Add World Vision, its advanced graphical user interface.
• Components of a CRM system are: I. Users II. Hardware and Operating Systems III. CRM Software IV. Business Processes
• A typical ERP system includes this module:
• What is said to be the most important step in implementing an ERP system?
• Important business challenges of business, which are the main driving reasons for adoption of ERP systems are
• ERP system is a highly integrated, and enterprise wide information system that covers
• The ERP systems which are poorly conceived and/or poorly implemented, will
• Which of these is not currently listed as marketing an ERP system?