The manager of a retail clothing store using an ERP system reviews a report that consolidates data from sales (items sold, revenue), inventory (stock levels, turnover), and marketing (promotion effectiveness). The report shows that a particular line of winter coats is selling slowly but there's still a large amount in stock. How does this consolidated report help the manager make better decisions compared to looking at separate reports?

Question

BlackTom AI · Accepted Answer

When evaluating how a consolidated ERP report supports better decision-making, we need to look at what each option implies and how it aligns with integrated data.
Option 1: 'It only includes detailed financial data, which is easier to analyze' This is inaccurate because consolidation across sales, inventory, and marketing goes beyond just financial metrics. It merges operational data with financial outcomes to reveal cross-functional relationships, which is essential for end-to-end decision-making.
Option 2: 'It typically takes much longer to prepare than individual departmental reports' In practice, ERP reports are designed to pull data from multiple modules automatically, reducing manual processing time. The claim that consolidation inherently takes longer ignores the efficiency gains from integrated data and standardized data models.
Option 3: 'It offers a comprehensive view across different departments in one place, highlighting connections.' This statement captures the core advantage of a consolidated report: it presents data from sales, inventory, and marketing together, enabling the manager to see how promotions affect stock levels and revenue, and to identify mismatches like slow-selling coats with excess inventory. The integrated view helps uncover correlations and causal links that separate reports might miss.
Option 4: 'It reduces the overall accuracy of the data due to combining different sources' While data integration introduces complexities, a well-governed ERP system uses data harmonization, mappings, and reconciliations to preserve accuracy. The claim that consolidation inherently reduces accuracy is not generally true and depends on data quality controls, not the consolidation itself.
In summary, the strongest rationale is that a consolidated report provides a single, interconnected snapshot across multiple functions, making it easier to spot cross-departmental patterns and take informed actions. This aligns with option 3, which emphasizes the comprehensive, connected view across departments and its decision-support value.

查看解析

登录即可查看完整答案

类似问题

Which of the following is NOT one of the advantages of using business intelligence?

Managers can use BI to answer tough business questions. Which of the following describes the value of knowing where the business has been?

Which of the following are considered power users of business intelligence?

Business intelligence (BI) is a broad category of applications and technologies for gathering, storing, analyzing, and providing access to data sets to help enterprise users make better business decisions.

Which form of BI uses real-time metrics for its data?

What types of BI decisions include forecasting claim amounts, medical coverage costs, classifying the most important elements that affect medical coverage to predicting which customers will buy new insurance policies?

Business intelligence applications are used to gather information on competitors and their suppliers.

更多留学生实用工具

考试浏览器助手

风格化写作助手

论文查重助手

文献引用助手

课堂转译助手

课堂笔记助手

Quiz搜索助手

学校历年真题

智能刷题助手

智能匹配练习

希望你的学习变得更简单