A Mid-Sized Company Has Decided to Implement an Enterprise Resource

question 11

Multiple Choice

A mid-sized company has decided to implement an enterprise resource planning (ERP) system, and management suspects that many of its employees are concerned about the planned implementation.Managers are considering holding informational workshops to help decrease anxiety levels among employees.To determine whether such an approach would be effective, they randomly select 16 employees to participate in a pilot workshop.These employees were given a questionnaire to measure anxiety levels about ERP before and after participating in the workshop.To determine if anxiety levels about ERP decreases as a result of the workshop, they should use a ________________________ .

• A)one-tailed paired t-test
• B)two-tailed test of two independent means
• C)one-tailed test of two independent means
• D)two-tailed paired t-test
• E)one-tailed test of two proportions

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Definitions:

Cost of Goods Sold

The total cost of manufacturing or acquiring the products sold by a business during a particular period, including labor, materials, and overhead expenses.

Ending Inventory

The overall value of commodities poised for sale at the termination of an accounting period.

Inventory on Hand

The total quantity of goods and materials held in stock by a business at any given time.

Ties up Funds

The process of allocating capital to long-term assets or investments, which restricts its immediate availability for other uses.