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business information

Part 1: Answer the module review questions listed below. These questions were chosen to demonstrate your understanding and help you assess your progress.

  1. What is outsourcing? Why would a company choose to outsource? What are the advantages and disadvantages to outsourcing?
  2. What are the key challenges in offshore outsourcing? List five best practices in outsourcing.
  3. What is SaaS and why is it considered as another outsourcing option?
  4. With ERP implementations, why would an auditor get involved?
  5. Why is the Sarbanes-Oxley Act important to investors?
  6. What should a disaster recovery and business continuity plan include and who should be involved?

Part 2: Prepare a list of the top five to ten security questions you would ask to understand the numerous components to system security and why security must be planned, tested, and ready by the time the ERP implementation is at Go-live.


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business information

Part 1: Answer the module review questions listed below. These questions were chosen to demonstrate your understanding and help you assess your progress.

  1. List and illustrate the components of an ERP system.
  2. Define third-part products and why are they needed?
  3. What is an implementation methodology and why is it important in ERP implementations?
  4. Explain the steps in purchasing an ERP.
  5. What is total cost of ownership (TCO) and why should it be a part of the ERP selection process?
  6. Contrast the difference between an RFI and RFB. 

Part 2: Using the below elements of TCO, create two scenarios; the first where the TCO is in favor of in-house development; and the second scenario, where TCO is in favor of a software acquisition through a vendor.

  1. License & Subscription
  2. Installation & Set-up
  3. Customization & Integration
  4. Data migration
  5. Training
  6. Maintenance & Support
  7. Hardware
  8. Other

Respond to the discussion topic below:

Defined and documented functional requirements are a part of the bid process. Discuss why this would be beneficial in the selection of an ERP system even if a bid is not required. Justify your answer.

 

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Stuart L
Stuart L
Thanks for keeping me sane for getting everything out of the way, I’ve been stuck working more than full time and balancing the rest but I’m glad you’ve been ensuring my school work is taken care of. I'll recommend Elite Academic Research to anyone who seeks quality academic help, thank you so much!

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