Which of the Following Should Be Considered While Implementing an ERP

question 39

Multiple Choice

Which of the following should be considered while implementing an ERP application?

• A) compare as-is model to blueprint processes and note differences
• B) plunge the organization into the new system
• C) model all current practices "as-is" and implement them on ERP application
• D) modify every existing practice to match blueprint models

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Definitions:

Average Annual Revenue

The mean income generated by a business, entity, or asset within one fiscal year.

Random Sample

A group of people selected from a bigger group, with every person having the same probability of being chosen.

Standard Deviation

A statistical tool that measures the extent of variation or scattering of values in a dataset, pointing out how much the data varies from the mean.

Normal Population

A statistical population that follows a normal distribution, characterized by its bell-shaped curve where most observations cluster around the central peak and the probabilities for values to occur are symmetrically distributed around the mean.