Which Statement About ERP Installation Is Least Accurate

question 86

Multiple Choice

Which statement about ERP installation is least accurate?

• A)For the ERP to be successful, process reengineering must occur.
• B)ERP fails because some important business process is not supported.
• C)When a business is diversified, little is gained from ERP installation.
• D)The phased-in approach is more suited to diversified businesses.

---

Definitions:

Universal Life

A type of flexible permanent life insurance that offers the low-cost protection of term life insurance as well as a savings element, which is invested to provide a cash value buildup.

Policyholder's Perspective

Insights or considerations from the viewpoint of an individual or entity that owns an insurance policy.

Fiduciary Responsibility

A legal obligation requiring an individual or organization to act in the best interest of another party, typically in financial matters.

Prudent Investor Rule

Prudent Investor Rule is a legal guideline for fiduciaries that mandates investment strategies should be made as a prudent investor would, considering risk, return, diversification, and the objectives of the trust or beneficiary.