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Fundamentals of Information Systems

9th Edition
Ralph Stair + 1 other
Publisher: Cengage Learning
ISBN: 9781337097536

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Section
BuyFindarrow_forward

Fundamentals of Information Systems

9th Edition
Ralph Stair + 1 other
Publisher: Cengage Learning
ISBN: 9781337097536
Chapter 5, Problem 6DQ
Textbook Problem
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Identify and discuss key benefits that are common to the use of ERP, CRM, and PLM enterprise systems, whether it be for a small, medium, or large organization.

Program Plan Intro

Mention key benefits that are common to the use of ERP, CRM and PLM enterprise systems, whether it be for a small, medium or large organization.

Explanation of Solution

Although enterprise resource planning system (ERP), customer relationship management system (CRM) and product lifecycle management (PLM) system have a different scope of use but provides some common business benefits to the organization which employs them. These benefits are as follows:

  • Reduced cost: The most important benefit that these enterprise systems provide to any organization irrespective of their domain of operation and size is a reduction of incurred business expenses. With the implementation of these systems, there is an overall reduction in cost due to automation that it provides to an organization...

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Chapter 5 Solutions

Fundamentals of Information Systems
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