ERP Projects Often Take a Few ________ to Implement So

question 57

Multiple Choice

ERP projects often take a few ________ to implement so top management may forget some of the key benefits of the system.

• A) days
• B) months
• C) years
• D) decades
• E) none of the above

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Definitions:

Cost of Goods Sold

The immediate expenses related to the creation of products sold by a business, which include costs for materials and labor.

Merchandising Firm

A business that purchases goods and resells them at a profit without changing their basic form.

Manufacturing Firm

A business engaged in the industrial production of goods from raw materials through the use of labor and machinery.

Conversion Costs

The combined costs of direct labor and manufacturing overheads that are incurred to convert raw materials into finished goods.