Which pair of products is correctly described as open-source ERP software?
- A.Odoo and ERPNext
- B.Photoshop and CorelDRAW
- C.Chrome and Firefox
- D.Android and iOS
Correct answer
Explanation
The correct answer is A, Odoo and ERPNext. Both are enterprise resource planning packages distributed as open-source software, so the source code can be studied and modified, and both are deployed by small and medium firms that cannot meet the cost of a large proprietary suite; ERPNext is the Indian entry in the category. Option B is wrong because Photoshop and CorelDRAW are proprietary graphics applications, not ERP at all. Option C is wrong because Chrome and Firefox are web browsers; Firefox is open source, but neither is ERP software, so the pair fails on category. Option D is wrong because Android and iOS are mobile operating systems, and iOS is proprietary, so the pair fails on both counts. The proprietary ERP names to keep alongside these are SAP, Oracle, Microsoft Dynamics and Infor.
Read the full article: Business Software: ERP, CRM, MIS and Tally Basics
Practice Questions
View allIn business software, ERP stands for what?
- A.Electronic Record Processing
- B.Enterprise Resource Planning
- C.Enterprise Report Publishing
- D.External Resource Protocol
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An ERP package replaces separate departmental programs with one integrated suite built on a single shared database, so a transaction entered once flows through stock, production, dispatch and the ledger.
Read the full explanation →Which type of software is used to manage a company's contacts, enquiries, campaigns and service history?
- A.CRM software
- B.Compiler
- C.Device driver
- D.Disk defragmenter
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Customer relationship management software keeps the record of every dealing with a customer or prospect, including contacts, enquiries, calls, complaints, campaigns and purchase history, and is divided into operational, analytical and collaborative CRM.
Read the full explanation →Tally is best described as which kind of software?
- A.Operating system
- B.Accounting software
- C.Antivirus software
- D.Web browser
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Tally, from Tally Solutions of Bengaluru, keeps ledgers and groups, takes entries as vouchers, and produces the trial balance, profit and loss account, balance sheet, day book and stock summary without separate work; later versions added inventory, payroll and tax features, and the current line is TallyPrime.
Read the full explanation →Which system mainly records the routine day-to-day transactions of an organisation?
- A.Transaction processing system
- B.Executive information system
- C.Decision support system
- D.Knowledge management system
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A TPS serves the operational level, capturing sales, deposits, bookings, issues of material and payroll entries as they happen, where accuracy, speed and reliability matter more than analysis; it is also the source of the data that higher systems later summarise.
Read the full explanation →SAP, Oracle and Microsoft Dynamics are well-known products in which category?
- A.Antivirus suites
- B.ERP software
- C.Image editors
- D.Operating systems
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All three are sold as enterprise resource planning suites, with modules for finance, human resources, materials, manufacturing and sales working on one shared database; Infor belongs to the same list, and Odoo and the Indian ERPNext are the open-source examples.
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