A Key ERP Shortcoming Is the Large Initial and Add-On

question 82

True/False

A key ERP shortcoming is the large initial and add-on expenses associated with the systems.

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Definitions:

Life Chances

The opportunities or probabilities of individuals in society to access valuable resources, achieve wellbeing, and attain social mobility based on their socioeconomic status.

Class System

A form of social stratification where people are grouped into a set of hierarchical social categories, the most common being the upper, middle, and lower classes.

Closed Class System

A social stratification system where mobility between classes is limited or non-existent, and one's social status is often inherited.

Wealth

An abundance of valuable resources or material possessions.