What key principle does ERP systems aim to achieve in a business?

The key principle that ERP (Enterprise Resource Planning) systems aim to achieve in a business is the integrated management of core business processes. ERP systems are designed to unify various functions of a business, including finance, HR, manufacturing, supply chain, and customer relationship management, into one comprehensive system. This integration enables real-time data sharing and improves visibility across the organization, allowing for more efficient processes and better decision-making.

By centralizing the data and processes, ERP systems help eliminate siloed information that can lead to miscommunication and inefficiencies. This holistic approach not only streamlines operations but also fosters collaboration among different departments, ultimately enhancing overall business performance. The focus is on creating a seamless flow of information so that different parts of the organization can work together effectively, responding quickly to changes in demand and improving service delivery to customers.

In contrast, other options such as cloud storage of all data or decentralized management are aspects that may complement an ERP system but do not represent its fundamental aim. Limited access to information contradicts the principle of integration, as it would hinder communication and collaboration necessary for effective management of business processes.