While ERP May Provide a Strategic Advantage Over Competitors, It

question 55

True/False

While ERP may provide a strategic advantage over competitors, it is so complex that many companies cannot adjust to it.

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Definitions:

Strategy Support

Refers to the assistance provided in the development, implementation, and evaluation of a strategic plan to ensure it meets the organization's goals.

Underlying Purpose

The fundamental reason or objective behind an action, strategy, or piece of work.

Negative Feedback

A response mechanism where the output of a system is used to adjust or control its further actions, typically to reduce differences from a desired state.

Feedback

The information given to individuals regarding their performance or behavior, intended to guide future improvements.