Identify at Least Six Benefits and Four Challenges of Enterprise

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The Answer is Benefits include: increasing operational efficiency; providing firmwide information to help decision-making; standardized business processes; greater responsiveness to customer needs; greater accuracy in fulfilling product demand; reduction of inventory and inventory costs; reduction in order-to-delivery time; improving business processes; removing redundant processes and systems; lowering costs through centralized processing; and improved decision-making.
Challenges include: the expense of the software and related costs; the time required for implementation; deep-seated technological changes required, the deep-seated organizational changes required; overcoming organizational resistance; switching costs; data cleansing work required.

Identify at Least Six Benefits and Four Challenges of Enterprise

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