When a Company Purchases an "Industry Standard Process" from a Vendor

question 97

Multiple Choice

When a company purchases an "industry standard process" from a vendor like SAP, the company may benefit

• A) by gaining "best practices" it would otherwise have developed on its own.
• B) because employees will conform with the changes rapidly and be more efficient.
• C) because customers will demand lower prices.
• D) hardly ever.
• E) because the company will have a unique application that will generate competitive advantage.

---

Definitions:

Worldview

People’s different beliefs about the world around them.

Multiculturalism

A social and political approach advocating for the respect, acknowledgement, and accommodation of cultural diversity within a society.

Gift

An item given voluntarily to someone without expectation of payment or anything in return as a token of affection or appreciation.

Bribe

An illegal practice involving the offering, giving, receiving, or soliciting of something of value as a way to influence the actions of an individual holding a public or legal duty.