For an International ERP to Be Successful, the Company Must

question 43

True/False

For an international ERP to be successful, the company must adopt a single "company language."

---

Definitions:

Financial Value

The monetary worth attributed to an asset, company, or financial instrument based on its ability to generate income or profits.

Harvesting Approach

A business strategy focusing on extracting maximum profits from a product, market, or investment with minimal reinvestment, often in the decline stage of its lifecycle.

Marketing Expenditures

The total amount of money a company spends on creating and executing its marketing strategies.

Resource-intensive

Describing activities, processes, or industries that require a large amount of resources (such as capital, time, or energy) to produce goods or services.