Asked by Zachariah Andress on May 31, 2024
Verified
What business area are you most interested in for a future career? Discuss the financial systems available in this functional area (from the textbook). Finally, go beyond what is in the textbook and look up some real-world applications that are currently available; discuss why you would or would not like to use one of these applications.
Financial Systems
Complex systems comprising various institutions, such as banks and markets, that together facilitate the flow of money and investments within an economy.
Real-World Applications
Practical uses or implementations of theories, concepts, or technologies in everyday life or specific industries.
- Ascertain the primary modules of ERP systems.
- Gain an understanding of how SaaS facilitates the acquisition of cloud-based ERP solutions.
Verified Answer
FP
frank pattersonJun 03, 2024
Final Answer :
Accounting and finance: financial planning and budgeting, managing financial transactions, investment management, control and auditing Marketing: CRM Production/OM: in-house logistics and materials management, inventory management, quality control, planning production and operations (MRP, MRP II, CRM), CIM, product life cycle management, SCM HR: recruitment, HR development, HR planning and management
Learning Objectives
- Ascertain the primary modules of ERP systems.
- Gain an understanding of how SaaS facilitates the acquisition of cloud-based ERP solutions.