In ERP Implementations, Once a Company Has Modeled Its Current

question 148

Short Answer

In ERP implementations, once a company has modeled its current business practices, the results are compared to a standard business __________, to determine how they are different.

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Definitions:

Pricing

The process of determining the monetary value at which goods and services will be sold.

Psychographic Measures

Tools or methods used to assess and analyze the psychological attributes of individuals, such as interests, values, and lifestyles.

Demographic Data

Information related to the characteristics of a population, such as age, gender, income, and education, used for statistical analysis.

Lifestyles

The collective habits, attitudes, tastes, moral standards, economic level, and social relations that characterize an individual or community.