McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Master of Business Administration (MBA) .
Chapters
| 1. |
The term ERP stands for |
| A. | Enterprise Resource Programme |
| B. | Enterprise Requirement Plan |
| C. | Enterprise Resource Planning |
| D. | None of the above |
| Answer» C. Enterprise Resource Planning | |
| 2. |
ERP system is a highly integrated, and enterprise wide information system that covers |
| A. | All the functional areas of an organization |
| B. | Manufacturing |
| C. | zarea of an organization |
| D. | Materials department of an organization |
| Answer» A. All the functional areas of an organization | |
| 3. |
Important business challenges of business, which are the main driving reasons for adoption of ERP systems are |
| A. | Competitive Environment |
| B. | Information Age |
| C. | Enterprise Systems |
| D. | (a) and (b) |
| Answer» D. (a) and (b) | |
| 4. |
ERP systems provide a number of benefits which include |
| A. | Reduced Inventory |
| B. | Reduced Manpower |
| C. | Reduced cycle time |
| D. | All of the above |
| Answer» D. All of the above | |
| 5. |
The ERP systems which are poorly conceived and/or poorly implemented, will |
| A. | fail and would not be able to provide the desired results |
| B. | may even prove fatal for the organization |
| C. | succeed after two years |
| D. | (a) and (b) |
| Answer» D. (a) and (b) | |
| 6. |
ERP systems play a vital role in supporting |
| A. | The business processes and operations of an organization |
| B. | Decision making by employees and managers of an organization |
| C. | The strategies of an organization for competitive advantage |
| D. | All of the above |
| Answer» D. All of the above | |
| 7. |
Any manager in an organization needs to understand |
| A. | The basic concepts of ERP System |
| B. | The strategic planning process and the implementation process for ERP system |
| C. | (a) and (b) |
| D. | The computer programming used in ERP systems |
| Answer» C. (a) and (b) | |
| 8. |
ERP systems have evolved from |
| A. | The Materials Requirements Planning(MRP) Systems |
| B. | The Manufacturing Requirements Planning(MRP II) |
| C. | (a) and (b) |
| D. | Artificial Intelligence Systems |
| Answer» C. (a) and (b) | |
| 9. |
Enterprise resource planning (ERP) |
| A. | has existed for over a decade |
| B. | does not integrate well with functional areas other than operations |
| C. | is inexpensive to implement |
| D. | automates and integrates the majority of business processes |
| Answer» D. automates and integrates the majority of business processes | |
| 10. |
Enterprise resource planning (ERP) |
| A. | has been made possible because of advances in hardware and software |
| B. | uses client/server networks |
| C. | creates commonality of databases |
| D. | All of the above are true of ERP |
| Answer» D. All of the above are true of ERP | |
| 11. |
Which of the following is false concerning enterprise resource planning (ERP)? |
| A. | It attempts to automate and integrate the majority of business processes. |
| B. | It shares common data and practices across the enterprise. |
| C. | It is inexpensive to implement. |
| D. | It provides and accesses information in a real-time environment |
| Answer» C. It is inexpensive to implement. | |
| 12. |
All of the following are advantages of enterprise resource planning (ERP) except it |
| A. | creates commonality of databases |
| B. | increases communications and collaboration worldwide |
| C. | helps integrate multiple sites and business units |
| D. | requires major changes in the company and its processes to implement |
| Answer» D. requires major changes in the company and its processes to implement | |
| 13. |
Which of the following describes an ERP system? |
| A. | ERP systems provide a foundation for collaboration between departments |
| B. | ERP systems enable people in different business areas to communicate |
| C. | ERP systems have been widely adopted in large organizations to store critical knowledge used to make the decisions that drive the organization's performance |
| D. | All of the above |
| Answer» D. All of the above | |
| 14. |
What is at the heart of any ERP system? |
| A. | Information |
| B. | Employees |
| C. | Customers |
| D. | Database |
| Answer» D. Database | |
| 15. |
What must a system do to qualify as a true ERP solution? |
| A. | Be flexible |
| B. | Be modular and closed |
| C. | Extend within the company |
| D. | All of the above |
| Answer» A. Be flexible | |
| 16. |
Which of the following is a reason for ERPs explosive growth? |
| A. | ERP is a logical solution to the mess of incompatible applications |
| B. | ERP addresses the need for global information sharing and reporting |
| C. | ERP is used to avoid the pain and expense of fixing legacy systems |
| D. | All of the above |
| Answer» D. All of the above | |
| 17. |
Which of the following occurs when everyone involved in sourcing, producing, and delivering the company's product works with the same information? |
| A. | Eliminates redundancies |
| B. | Cuts down wasted time |
| C. | Removes misinformation |
| D. | All of the above |
| Answer» D. All of the above | |
| 18. |
What are the primary business benefits of an ERP system? |
| A. | Sales forecasts, sales strategies, and marketing campaigns |
| B. | Market demand, resource and capacity constraints, and real-time scheduling |
| C. | Forecasting, planning, purchasing, material management, warehousing, inventory, and distribution |
| D. | All of the above |
| Answer» C. Forecasting, planning, purchasing, material management, warehousing, inventory, and distribution | |
| 19. |
Who are the primary users of ERP systems? |
| A. | Sales, marketing, customer service |
| B. | Accounting, finance, logistics, and production |
| C. | Customers, resellers, partners, suppliers, and distributors |
| D. | All of the above |
| Answer» B. Accounting, finance, logistics, and production | |
| 20. |
A major strength of MRP is its capability |
| A. | to minimize labor hours used in production |
| B. | for timely and accurate replanning |
| C. | to reduce lead times |
| D. | to maximize production throughput |
| Answer» B. for timely and accurate replanning | |
| 21. |
Material requirements plan specify |
| A. | the quantities of the product families that need to be produced |
| B. | the quantity and timing of planned order releases |
| C. | the capacity needed to provide the projected output rate |
| D. | the costs associated with alternative plans |
| Answer» B. the quantity and timing of planned order releases | |
| 22. |
Which of the following statements is true about the MRP plan when using lot-for-lot ordering? |
| A. | The quantity of gross requirements for a child item is always equal to the quantity of planned order releases for its parent. |
| B. | The quantity of gross requirements for a child item is equal to the quantity of net requirements for its parent(s) multiplied by the number of child items used in the parent assembly. |
| C. | The quantity of gross requirements for a child item is always equal to the quantity of gross requirements for its parent. |
| D. | The quantity and gross requirements for a child item is always equal to the quantity of net requirements for its parent. |
| Answer» B. The quantity of gross requirements for a child item is equal to the quantity of net requirements for its parent(s) multiplied by the number of child items used in the parent assembly. | |
| 23. |
MRP II is accurately described as |
| A. | MRP software designed for services |
| B. | MRP with a new set of computer programs that execute on micro computers |
| C. | MRP augmented by other resource variables |
| D. | usually employed to isolate manufacturing operations from other aspects of an organization |
| Answer» C. MRP augmented by other resource variables | |
| 24. |
Enterprise Resource Planning (ERP) is |
| A. | severely limited by current MRP computer systems |
| B. | not related to MRP |
| C. | an advanced MRP II system that ties-in customers and suppliers |
| D. | not currently practical |
| Answer» C. an advanced MRP II system that ties-in customers and suppliers | |
| 25. |
The extension of MRP which extends to resources such as labor hours and machine hours, as well as to order entry, purchasing, and direct interface with customers and suppliers is |
| A. | MRP II |
| B. | Enterprise Resource Planning |
| C. | the master production schedule |
| D. | closed-loop MRP |
| Answer» B. Enterprise Resource Planning | |
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