In Order to Achieve Maximum Benefit from an Enterprise Software

question 45

Multiple Choice

In order to achieve maximum benefit from an enterprise software package,a business should:

• A)customize the software to match all of its business processes.
• B)use only the processes in the software that match its own processes.
• C)change the way it works to match the software's business processes.
• D)select only the software that best matches its existing business processes.
• E)retain legacy systems that best work with the software.

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Definitions:

Marginal Revenue

The revenue increase from the sale of one more unit of a product or service.

Marginal Cost

is the increase in total cost that arises from producing one additional unit of a product or service.

Total Fixed Cost

The total fixed cost refers to the sum of all costs that do not change with the level of output produced by a company or during a specific period.