Which of the Following Tasks Should Be Considered While Implementing

question 54

Multiple Choice

Which of the following tasks should be considered while implementing an enterprise resource planning (ERP) application?

• A) creating an as-is model that summarizes current business procedures and practices
• B) plunging the organization into the new system
• C) modeling all current practices "as-is" and implementing them on ERP application
• D) modifying every existing practice to match blueprint models

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Definitions:

Markowitz

Refers to Harry Markowitz, an economist who developed modern portfolio theory, emphasizing the importance of diversification and the trade-off between risk and return.

Index Model

In finance, it is a statistical model used to describe the performance of an asset or portfolio relative to a particular benchmark or market index.

Covariance

A measure of how two securities move together, used to assess the degree to which they co-vary.

Assets GM and GE

Refers to the tangible and intangible items owned by General Motors (GM) and General Electric (GE) that are used in their operations to generate revenue.