• Enterprise resource planning (ERP) is a platform companies use to manage and integrate the essential parts of their businesses. Many ERP software applications are critical to companies because they help them implement resource planning by integrating all the processes needed to run their companies with a single system. • ERP applications also allow the different departments to communicate and share information more easily with the rest of the company. It collects information about the activity and state of different divisions, making this information available to other parts, where it can be used productively. • An ERP software system can also integrate planning, purchasing inventory, sales, marketing, finance, human resources, and more. • ERP software can be used by variety of companies, ERP software has expanded to include nearly all types of businesses. Typically, each company will have its own specific reasons to implement an ERP solution. Therefore, assertion is incorrect. • he components of an ERP system depend on the organization's needs. However, there are key features that each ERP should include. Generally, packages include finance, human resource, logistics and manufacturing, supply chain management, and customer relationship management and ERP also streamlines various components of the Supply chain, therefore the reason is correct. • Hence the correct answer will be option D.
In the 1907 session of the Indian National Congress, did the Congress split into two parties, soft parties and hot parties?
Which of the following countries is not included in the South Asian Association for Regional Cooperation Organization (SAARC)?
Which of the following Ramsar Sites in India is the 2nd largest in terms of area?
When did the Sangeet Natak Akademi adopt its Memorandum of Association?
What is the service charge to non chest branches per 100 pieces?
Which of the following fundamental duties was added to the Indian Constitution by the 86th Constitutional Amendment Act, 2002?
The government has decided to enhance the funding of the manufacturing of domestic cells and modules from existing Rs 4,500 crore to ______ crore now?
Which organ in the human body produces bile juice?
Who won 2016 Chess Championship title?
Which of the following is an example of a total root parasite?
