Which of the Following Statements About Enterprise Applications Is Not

question 97

Multiple Choice

Which of the following statements about enterprise applications is not true?

• A)Enterprise applications require organizational learning.
• B)Enterprise applications introduce "switching costs."
• C)Enterprise applications are based on organization-wide definitions of data.
• D)Enterprise applications require fundamental changes in the way a business operates.
• E)Enterprise applications are best implemented when few changes in business processes are required.

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Definitions:

Capital

Resources, such as funds, equipment, and buildings, that are used in the production of goods and services.

Labor

Refers to the human effort, both physical and mental, used in the production of goods and services.

Isocost Line

A graph that shows all combinations of capital and labor that can be purchased for a given total cost.

Price of Capital

The cost of using capital goods in production, often reflected in interest rates or rental costs.