Explain the Kinds of Configuration Decisions That Enterprise Resource Planning

question 98

Essay

Explain the kinds of configuration decisions that enterprise resource planning (ERP)implementation teams must make.

Describe the psychological processes leading to ethical violations.

Recognize the importance of ethical behavior and management's role in promoting it.

Understand the impact of organizational culture on ethical and unethical behaviors.

Learn about legal settlements and organizational responses to allegations of harassment and unethical behavior.

---

Definitions:

Compounding

The process of accumulating interest in an investment over time to earn more interest.

Effective Annual Rate

The annualized rate of interest on a loan or financial product, adjusted for the effects of compounding.

Continuous Compounding

A mathematical approach where interest earnings are immediately reinvested to generate additional earnings continuously.

Stated Rate

The annual interest rate stated on a financial instrument, such as a loan or bond, not adjusting for compounding or fees.