What is an enterprise resource planning system? How is it used?

  1. What is an enterprise resource planning system? How is it used?
  2. What is the purpose of BI (Business intelligence)? What is used for within organizations?
  3. Using specific examples, describe how social networks add value to business
  4. What are the risks of outsourcing IT systems? What systems should you NOT consider outsourcing? Why?
  5. What factors have brought information security and governance in general to the forefront of business planning?