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What Are the Benefits of Using an Enterprise Resource Planning

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What are the benefits of using an enterprise resource planning (ERP)system?


Definitions:

External Validity

The extent to which the findings of a study can be generalized or applied to settings, populations, and times beyond the scope of the study itself.

Correlational Research

A type of research methodology that examines the relationship between two or more variables to determine if they are connected or correlated in some way.

Correlation Coefficients

A statistical measure that indicates the extent to which two variables fluctuate together. A value closer to 1 or -1 indicates a stronger relationship.

Magnitude

A measure of the size, amount, or extent of something.

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