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\nDigital Technology Pressures and Enterprise Resource Planning Systems for Businesses\n

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\nThis video discusses the pressures placed on businesses to increase the amount of digital technology involved in the production process. Specifically, enterprise resource planning (ERP) is explored as a central digital system that draws...\nThis video discusses the pressures placed on businesses to increase the amount of digital technology involved in the production process. Specifically, enterprise resource planning (ERP) is explored as a central digital system that draws together all of the operational departments of a business into one system. The video explains how digital technology can help businesses increase revenues, maintain efficiency, productivity, and minimize waste. It also highlights four main forms of digital technology, namely e-commerce, big data, data mining, and ERP. The lecture explains what ERP is, its benefits to businesses, and how it revolutionizes individual departments within a business. The video concludes by discussing the options available to businesses when adopting an ERP system and the costs associated with integrating ERP systems into business models.\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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14:17
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Grade
Higher Ed
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Subjects
Social Studies & History
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Media Type
Instructional Videos
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Source:
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\nKnowMo Business\n\n
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Date
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2018
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Concepts

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business, marketing, data
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Additional Tags

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a-level, section, threats, and, opportunities, 2.2.1, digital, erp, systems, lecture video, operational side, promotional event, crucial element, digital technology, production process, years ago, ongoing support, central system, erp system, car firm, microsoft dynamics, large company, individual customer, customers, system, businesses, potentially, firm, efficiency, staff, microsoft, departments, expensive, spreadsheet, needed, lead, important
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Classroom Considerations

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Best For: Explaining a topic
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Educator Ratings

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