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Organizations Have Found That by Implementing ERP,it Is Not Necessary

question 151

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Organizations have found that by implementing ERP,it is not necessary to maintain large buffer stocks.


Definitions:

Excessive Optimism

An unrealistic expectation of positive outcomes, often disregarding potential risks or negative results.

Sexually Transmitted Infection

An infection transmitted through sexual contact, caused by bacteria, viruses, or parasites.

Reciprocal Determinism

A concept in social cognitive theory that suggests individual behavior, personal factors, and environmental influences all operate as interlocking determinants of each other.

External Locus of Control

The belief that one's success or failure is due to external factors outside their control.

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