Not Every Company Is Suited to ERP Systems

question 53

True/False

Not every company is suited to ERP systems.

Enhance skills in citing illustrative examples to elucidate theoretical concepts.

Understand the concept and implications of different reward systems (gainsharing, share-ownership, job status rewards).

Comprehend how job evaluations support different approaches to rewards and their impact on organizational structure.

Recognize the gender and cultural differences in perspectives towards money and rewards.

---

Definitions:

Delegated

The process by which authority and responsibilities are transferred from one person to another, while still retaining accountability for the outcomes.

Authority

The right or power assigned to an individual or organization to make decisions, give orders, and enforce obedience.

Traditional View

A perspective or approach that emphasizes historical precedence and the continuity of certain values, practices, and institutions over time.

Organizational Effectiveness

The capability of an organization to achieve its goals efficiently and effectively, maximizing resource utilization for the desired outcomes.