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Explain the Benefits of an Enterprise Resource Planning (ERP)application to Multinational

question 54

Essay

Explain the benefits of an enterprise resource planning (ERP)application to multinational organizations.


Definitions:

Effect Size

A quantitative measure of the magnitude of a phenomenon or the strength of the relationship between variables.

Meta-Analysis

A statistical technique that combines the results of multiple scientific studies to arrive at a comprehensive conclusion, increasing the power and precision of the findings.

High Correlation

Indicates a strong relationship between two variables, where changes in one are closely associated with changes in the other.

Independent Variable

An independent variable is a factor in research that is manipulated or changed by the researcher to observe its effects on the dependent variable.

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