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Provide a Brief Overview of the Benefits Associated with ERP

question 88

Essay

Provide a brief overview of the benefits associated with ERP systems. How can a small to medium-size firm overcome the ERP shortcomings to achieve some or all of the benefits?


Definitions:

Percentile

A measure used in statistics indicating the value below which a given percentage of observations in a group of observations falls.

Very High

"Very High" is an adjective used to describe an extreme or significantly above average level or degree of a certain measure or attribute.

Very Low

A descriptor indicating a significantly below-average quantity, degree, or level.

About Average

Refers to values or outcomes that fall near the middle or mean in a set of data.

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