The First Step in ERP Implementation Is

question 7

Multiple Choice

The first step in ERP implementation is:

• A) organize the project team.
• B) develop a training plan.
• C) map the current business processes.
• D) document business procedures.
• E) backup existing data.

Understand the role of cognitive psychology in explaining human thought, reasoning, and information processing.

Identify how cognitive errors and biases can influence personal belief systems and perceptions of reality.

Evaluate methods to overcome cognitive biases and improve critical thinking and decision-making skills.

Understand the characteristics and effectiveness of transformational and transactional leadership.

---

Definitions:

Transnational Corporation

A firm that attempts to balance local responsiveness and global scale via a network of specialized operating units.

International Corporation

A large company that operates in multiple countries, managing production or delivering services across national boundaries.

Incentive Premiums

Additional rewards or bonuses offered to employees or customers as an incentive for desired behaviors or achieving certain benchmarks.

Cost-Of-Living Adjustment

A salary adjustment based on the increase in the cost of living, intended to preserve purchasing power.